Commercial Discovery

“Commercial discovery” means a discovery of petroleum that has been demonstrated to contain petroleum reserves that justify the investment of capital and effort to bring the discovery to production; découverte exploitable.

Source:  Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. Legislation

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

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