You will require this permit if you intend to explore for petroleum. This permit provides exclusive rights, and renewal rights, to explore for petroleum in a defined area.
There are three types of petroleum exploration permits:
- work-bid: a petroleum exploration permit granted on the basis of work program bidding
- cash-bid: a petroleum exploration permit granted on the basis of cash bidding
- special licence: a petroleum exploration permit granted over a surrendered block or certain other blocks.