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File Nos. 1935, 1936, 1937 Board Order No. 193536372 March 23, 2018SURFACE RIGHTS BOARDING THE MATTER OF THE PETROLEUM AND NATURAL GAS ACT, R.S.B.C., C. 361 AS AMENDED AND IN THE MATTER OF SECTION
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Petroleum is a fossil fuel that is formed from the remains of ancient marine organisms. Natural gas is a mixture of hydrocarbon gases formed from the decay of organic matter.
Companies involved in the exploration, production, and distribution of petroleum and natural gas are required to file reports on their activities.
Companies can fill out reports on their petroleum and natural gas activities by providing detailed information on production, reserves, and sales.
The purpose of petroleum and natural gas reports is to track the production, reserves, and sales of these valuable resources.
Companies must report on their production levels, reserves, sales, and any other relevant information related to their petroleum and natural gas activities.
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