To be eligible for this lease you must hold an Offshore Exploration Permit or an Offshore Petroleum Production Licence. Licensees have 5 years from the date of cessation of production to apply for a lease.
You must provide a Title Assessment Report if you are a petroleum retention lessee.
The report must be provided within 30 days of the anniversary of the title being awarded or at any time required by the Agency.
Information required in the report varies depending on the scope of your operations.