Acts Online
GT Shield

Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002)

Regulations

Amendment Regulations to the Mineral and Petroleum Resources Development Regulations, 2020

Chapter 2 : Mineral and Petroleum, Social and Environmental Regulations

Part 1 : Mineral and Petroleum Regulation

31. Reports in respect of exploration

 

(1) A holder of an exploration right must submit timeous accurate progress reports to the designated agency on a monthly, quarterly and annual basis.

 

(2) Monthly progress reports must be submitted within 7 days of month-end.

 

(3) Quarterly progress reports must be submitted within 21 days of the end of the particular quarter of the year and must include—
(i) the numbers of local and expatriate persons employed;
(ii) work done and money expended on operations;
(iii) the site and depth of every well drilled or being drilled;
(iv) the formations penetrated and particulars regarding any occurrence of petroleum or any other a statement reflecting rehabilitation work completed and the rehabilitation work uncompleted.

 

(4) Annual progress reports must be submitted within 60 days of calendar year end and must include—
(i) a full report of the exploration operations carried out during the year;
(ii) a detailed statement of exploration expenditure incurred during the year;
(iii) a description of operations planned for the following year;
(iv) a budget for exploration operations planned for the following year; and
(v) a statement reflecting rehabilitation work completed and rehabilitation work uncompleted.