Fort Nelson Indian Reserve Minerals Revenue Sharing Act — F-31.4 1
NOW THIS AGREEMENT WITNESSETH that in consideration of the premises Canada and the Province mutually COVENANT AND AGREE as follows: 1 DEFINITIONS In this Agreement: (1) Basic Agreement means the agreement, dated November 13, 1973, between the British Columbia Petroleum Corporation (hereinafter called the “Petroleum Corporation”) and Westcoast Transmission Company Limited (hereinafter called “Westcoast”); (2) Clarke Lake Field means the natural gas pool commonly known as Clarke Lake Field Slave Point Pool A, being the natural gas pool lying within the lands described in Schedule “C”; (3) Domestic Utilities means the corporations named in Clauses (a), (b), (c), (d) and (e) of sub-paragraph (6) hereof and the successors to or assigns of the rights to purchase Natural Gas from Westcoast under the contracts referred to in the said Clauses (a), (b), (c), (d) and (e) and Domestic Utility means any one thereof; (4) Excepted Minerals means all minerals, precious or base including coal, petroleum and any gas or gases which may be found in, upon or under the lands conveyed by the Province to Canada in trust for the use and benefit of the Band by British Columbia Order-in-Council No. 2995 dated the 28th day of November, 1961; (5) Foreign Utility means Northwest Pipeline Corporation, its successors to, or assigns of, the right to purchase Natural Gas pursuant to the contract referred to in paragraph 1(6)(f) hereof; (6) Gas Sales Contracts means those contracts under which Westcoast sells Natural Gas, specifically the contracts it has with: (a) B.C. Hydro Power Authority dated October 29, 1967 (b) Inland Natural Gas Co. Ltd. dated November 1, 1968 (c) Pacific Northern Gas Ltd. dated December 16, 1969 (d) Peace River Transmission Co. Limited dated October 31, 1967 (e) Plains-Western Gas & Electric Co. Limited dated July 1, 1974 (f) Northwest Pipeline Corporation dated October 10, 1969; (7) Judge means a Puisne Judge of the Supreme Court of British Columbia; (8) Mcf means the volume of Natural Gas which occupies one thousand cubic feet when at a temperature of 60° Fahrenheit and (unless otherwise stated) at a pressure of 14.65 pounds per square inch absolute; (9) Natural Gas means all fluid hydrocarbons, both before and after processing, which are not defined as petroleum and includes hydrogen sulphide, carbon dioxide and helium contained in fluid hydrocarbons; (10) Net Residue Gas Supply means that portion of Residue Gas Supply which is attributable to Natural Gas produced in the Province of British Columbia; (11) New Gas means Natural Gas which is produced in the Province of British Columbia and which is obtained through a well: (a) which draws from a pool, no part of which flowed prior to November 14, 1973, or (b) the spacing area of which lay as of the date of the spudding of such well wholly outside the outline (as described from time to time by the Chief of Branch under the Petroleum and Natural Gas Act , S.B.C. 1965, c. 33) of each Pool drawn upon by such well; (12) Old Gas means Natural Gas which is produced in British Columbia but does not come within the classification of New Gas; (13) Person includes a corporation; (14) Petroleum means crude petroleum and all other hydrocarbons, regardless of gravity, that are or can be recovered in liquid form from a Pool through a well by ordinary production methods or that are or can be recovered from oil sand or oil shale; (15) Pool means an underground reservoir containing an accumulation of Petroleum or Natural Gas or both, separated or appearing to be separated from any other such reservoir or accumulation, and characterized by a single pressure system such that production of Petroleum or Natural Gas from one part thereof affects the reservoir pressure throughout its extent; (16) Production Month means a period of time beginning at eight A.M. (P.S.T.) on the first day of the calendar month and ending at eight A.M. (P.S.T.) on the first day of the next succeeding calendar month; (17) Reserve