Indian Oil and Gas Regulations (SOR/2019-196)

Marginal note:Call for proposals

43 For the purpose of soliciting interest in rights or interests in First Nation lands, either the council, or the Minister jointly with the council, may make a call for proposals. The call may be made by public notice or by other means and must include the following information:

• (a) the type of subsurface contract to be granted;

• (b) a description of the lands to be included in the contract area and the oil and gas rights or interests to be granted;

• (c) the terms and conditions of the contract, other than those set out in these Regulations;

• (d) the elements that will be considered in evaluating the proposals;

• (e) a statement that the proposals that are received will form the basis for negotiations with the council and the Minister; and

• (f) a statement that, in addition to the terms and conditions negotiated, the contract will include the terms and conditions set out in these Regulations.