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Would this proposal apply to existing licenses issued pursuant to the Canada Petroleum Resources Act (CPRA)?

April 26, 2017ACT existing issued licenses Petroleum proposal pursuant Resources

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Would this proposal apply to existing licenses issued pursuant to the Canada Petroleum Resources Act (CPRA)?

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A6. Yes. The compulsory unitization measures are regulated under the COGOA, which is a law of general application, and would apply retrospectively to all existing and new licences under the CPRA as well as any other production authorization on private lands to which the COGOA otherwise applies.