“Act” means the Oil and Natural Gas Act; (Loi)
“engineer” means an engineer as defined under the Engineering and Geoscientist Professionals Act, chapter 88 of the Acts of New Brunswick, 1986; (ingénieur)
“geoscientist” means a geoscientist as defined under the Engineering and Geoscientist Professionals Act, chapter 88 of the Acts of New Brunswick, 1986; (géoscientifique)
“grid area” Repealed: 2016-16
“grid map” means the New Brunswick Standard Oil and Natural Gas Grid Map referred to in the Survey System Regulation - Oil and Natural Gas Act; (carte de quadrillage)
“producing well” means a well for which a licensee or a lessee, as the case may be, is required to pay royalties for oil or natural gas, or was required to pay royalties for oil or natural gas at any time during the previous 12 months, but does not include a well that produces oil for the purposes of a production test;(puits producteur)
“section” means a section as established by the Survey System Regulation - Oil and Natural Gas Act;(section)
“unit” means a gigajoule.(unité)
“weighted average selling price” , in relation to a particular period of time, means the total gross revenue from sales of natural gas in the period divided by the total number of units of natural gas sold in the period;(prix de vente moyen pondéré)