You will need this licence if you intend to conduct petroleum, geothermal, gas storage or restricted substance production operations in the area of your exploration licence.
There are four categories of licence:
- petroleum production licence (PPL)
- geothermal production licence (GPL)
- gas storage licence (GSL)
- restricted substance production licence (RSPL).
The area of a petroleum or regulated substance production licence must not exceed either of the following:
- twice the area under which (according to a reasonable estimate at the time of granting the licence) the discovery is more likely than not to extend; and
- 100 km2.
The area of a geothermal production licence or a gas storage licence cannot exceed 1,000 km2.