Regulations

(1) The Minister may make regulations for the better carrying out of the provisions and purposes of this Act. 30 (2) In particular, but without limiting the generality of subsection (1) of this section, the regulations may include provision for or with respect to, (a) the establishment of a grid system and the division and subdivision of the territory to which this Act applies; (b) information to be submitted by the applicants and the criteria for selection or rejection of applications; (c) petroleum operations and the carrying on of related operations, and for those purposes the execution of works, the methods which may or may not be used and the duties of specified persons in relation to petroleum operations; (d) the exercise of rights and the duties to be performed including work obligations; (e) the submission of all data, records, reports and accounts by contractors; (f) the drilling, spacing, locating, completing, producing, equipping, suspending or abandoning of wells or other works; (g) the circumstances in which fees, charges or levies may be charged, the amount thereof and the time and manner of payment thereof.