05.07.2009
A licensee, who has made a discovery in the licensed area and has during the period of the license made an application is entitled, subject to the conditions of the license, to be granted a lease in respect of any area chosen by him within the licensed area. The lease shall be subject to the conditions stipulated in the license and upon the grant thereof the license shall expire and the State shall be regarded as the lessee of the remainder of the area
A method by which permits for greenhouse gas emissions may be allocated among emitters and firms in a domestic emissions trading regime according to their historical emissions. >
A relatively low-standing fault block bounded by opposing normal faults. Graben (used as both singular and plural) can form in areas of rifting or extension, where normal faults are the most common type of fault. Between graben are relatively high-standing blocks called horsts