Definition(s)


Unit Agreement

“Unit agreement” means an agreement to unitize the interests of owners in a pool or a part of a pool exceeding in area a spacing unit, or such an agreement as varied by a unitization order; accord d’union.

Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation

Source: Canada Oil and Gas Operations Act, R.S.C., 1985, c. O-7, Canada, current to April 29, 2013. Legislation

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