← belizelaw.ai · Petroleum Regulations, Cap. 225s02 · PART III — Bids
Additional information to be furnished
Petroleum Regulations, reg. 5 · Revised Edition 2020
(1) Each application shall also include inter alia, the following–
(a) a description of the block or blocks applied for, and if the application is made in respect of more than one block, the priority assigned to each block;
(b) a detailed description of the exploration programme proposed for the block or blocks applied for;
(c) the minimum work and expenditure obligations to be undertaken during the
(d) proposals with respect to the training of nationals of Belize and expenditures to be incurred therefor;
11 Petroleum
(e) proposals with respect to the sharing of net revenues or production between the applicant,
and the Government; and
(f) such other matters as may be required by the Minister or which the applicant wishes the Minister to consider.
(2) Additional information on all matters referred to in the preceding subregulation shall be promptly supplied by the applicant, if so requested by the Minister at any time after the application has been received.
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