“unit operating agreement” means an agreement, providing for the management and operation of a unit area and a unitized zone, that is entered into by working interest owners who are parties to a unit agreement with respect to that unit area and unitized zone . Existing sections 40(2)(a) to (d) and 40(3)(a) to (e) of the Canada Oil and Gas Operations Act set out the details that must be included in a unit agreement and a unit operating agreement, respectively.
Les al. 40(2)a) à 40(2)d) et 40(3)a) à 40(3)e) de la LOPC actuelleprécisent ce que doit comprendre tout accord d’union et tout accord d’exploitation unitaire, respectivement.