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The amount of annual rent paid to landowners may be renegotiated every four years. The renegotiation process can be initiated by either the landowner or the company by submitting a Form – 2 Notice for Rent Renegotiation to the other party.
If rent is not renegotiated within 60 days, either party may make an application to the Surface Rights Board (SRB). The application process can be started using SRB Form 1D.
Resolving Disputes on Compensation Values During negotiations on a lease agreement, the oil and gas company and the landowner may not agree on the terms for compensation to the landowner. […]
Oil and gas companies are required to submit their surface lease agreements to the Surface Rights Board (SRB) within 90 days of acquiring the right. The provincial government has enacted […]
Surface Rights Board When a company plans to develop an oil and gas resource and private land is needed to access the project, the company must work out lease agreements […]
Title Searches Required for Surface Rights Board Applications You will require a title search that is less than two weeks old if you are planning to submit an application to […]
When an oil and gas company requires access to private land for pipelines not considered to be flow lines and they are not able to negotiate and agreement with the […]
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