Group Title: Official gazette, Bahamas
Title: Official gazette
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Permanent Link: http://ufdc.ufl.edu/UF00076860/00375
 Material Information
Title: Official gazette
Series Title: Official gazette
Alternate Title: Bahamas official gazette
Extraordinary official gazette
Physical Description: v. : ; 26-31 cm.
Language: English
Creator: Bahamas
Publisher: Published by Authority
Place of Publication: Nassau
Publication Date: April 23, 1960
Frequency: weekly
regular
 Subjects
Subject: Gazettes -- Bahamas   ( lcsh )
Law -- Periodicals -- Bahamas   ( lcsh )
LAW   ( unbist )
GAZETTES   ( unbist )
BAHAMAS   ( unbist )
Politics and government -- Periodicals -- Bahamas   ( lcsh )
Genre: federal government publication   ( marcgt )
legislation   ( marcgt )
periodical   ( marcgt )
Spatial Coverage: Bahamas
 Notes
Statement of Responsibility: Bahamas.
Numbering Peculiarities: Volume numbering dropped, numbered within the year <1950-2003>
General Note: Description based on: Vol. 4, no. 1 (Jan. 2, 1897); title from caption.
General Note: Includes supplements, which are internumbered with issues of the gazette: part 1 contains acts, part 2 contains statutory instruments; part 3 is called journal.
General Note: Vols. for <1989-2003> have unnumbered extraordinary issues, that can contain acts, statutory instruments, or notices.
 Record Information
Bibliographic ID: UF00076860
Volume ID: VID00375
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: ltuf - AHK7292
oclc - 19872904
alephbibnum - 001583356
lccn - 2004217161

Full Text





















OFFICIAL GAZETTE


BAHAMAS

PUBLISHED BY AUTHORITY


NASSAU April 23, 1960 17

GOVERNMENT NOTICES

COLONIAL SECRETARY'S OFFICE
The following Government Notice is published as a Supple-
ment to this Gazette:-
No. 104 The Petroleum Regulations M.P. 12731B.

No. 105.
His Excellency the Governor has approved the following ap-
pointments:-
Dr. L. C. Huggins, Medical Officer and Bacteriologist, to be Act-
ing Chief Medical Officer with effect from the 19th April,
1960. M.P. P.225.
Mr. Luke Hannon, M.B.E., C.P.M., to be a Superintendent of
Police with effect from the 10th March, 1960.
M.P. P.1451.
Mr. Asa Symonette, Electrician Grade I, to be Acting Maintenance
Superintendent, Civil Aviation Department, with effect
from the 19th April, 1960. M.P. P.485.
Mr. Douglas Jones, Commissioner, to be seconded to the Secre-
tariat as a Chief Clerk with effect from the 18th April,
1960. M.P. P.769.
No. 106.
The following staff movements are notified for general in-
formation:-
LEAVE
Dr. E. H. Murcott, Chief Medical Officer, eight weeks and one
day vacation leave with effect from the 19th April, 1960.
-M.P. P.1049.
Mr. Thomas McShane, Maintenance Superintendent, Civil Avia-
tion Department, five days vacation leave with effect
from the 19th April, 1960. M.P. P. 102.















OFFICIAL GAZETTE


No. 107.
His Excellency the Governor has been informed by the Right
Honourable the Secretary of State for the Colonies that Her Ma-
jesty The Queen will not be advised to exercise Her power of
disallowance with respect to the following Acts of the Legislature
of the Bahama Islands:-
No. 51 of 1959 The General Improvements Act 1959.
No. 72 of 1959 The Appropriation Act 1959.
M.Ps. 1708, 1697/II.
The foregoing notices numbered 104 to 107 are published by
command.
A. G. KNOX JOHNSTON,
Acting Colonial Secretary.


DEPARTMENTAL NOTICES


Registrar General's Office,
Nassau, N.P., Bahamas,
16th March, 1960.
THE REMOVAL OF DEFUNCT COMPANIES ACT
TAKE NOTICE that under the provisions of The Removal of
Defunct Companies Act I have struck off the undermentioned
Company as and from the 16th day of March, 1960 on the ground
that it is no longer carrying on business or in operation.
THE ROGERS COMPANY, LIMITED
N. C. ROBERTS,
Asst. Registrar General


Registrar General's Office,
Nassau, Bahamas,
16th March, 1960.
THE REMOVAL OF DEFUNCT COMPANIES ACT
TAKE NOTICE that under the provisions of The Removal of
Defunct Companies Act I have struck off the undermentioned
Company as and from the 16th day of March, 1960 on the ground
that it is no longer carrying on business or in operation.
THE HEATH COMPANY, LIMITED,
N. C. ROBERTS,
Asst. Registrar General.


Registrar General's Office,
Nassau, Bahamas,
21st March, 1960.
THE COMPANIES ACT
TAKE NOTICE that in accordance with the Liquidator's Re-
port dated 21st December, 1959, the affairs of the undermen-
tioned Company have been fully wound up and that the said
Company has been struck off the Register and shall be deemed
to have been dissolved as and from the 21st day of March, 1960.
No. 884 PERLEA LIMITED
JAMES LIDDELL,
Registrar General.















OFFICIAL GAZETTE 305
Road Traffic Authority,
Bahamas,
April 13th, 1960.
In accordance with Section 31 sub-section 3 of The Road
Traffic Act 1958 an Inspection of all Public Service Vehicles will
be held as follows at the Inspection Grounds of The Road Traffic
Department at Fort Charlotte commencing at 9.00 a.m. each day:-
Monday, May 2nd, 1960 through Saturday May 14th 1960-
all taxi-cabs, tour cars, livery cars and buses.
Monday, May 16th 1960 through Saturday May 28th, 1960 -
all self-drive cars and motor scooters.
Operators of Public Service Vehicles should ensure in their
own interests that their vehicles conform to the requirements of
the law.
(Sgd.) F. R. ASHMOLE,
Controller.

Road Traffic Authority,
Bahamas,
April 13th, 1960
The applications listed below for Franchises under the Road
Traffic Act 1958 have been received by the Authority. Any per-
son entitled to object to any application and wishing to be heard
as an objector shall lodge two copies in writing of their objection,
stating the grounds of objection within fourteen days of the date
of the publication of these applications to the Road Traffic Author-
ity.
No. Applicant Description Number of
of Franchise Vehicles
70. Jeffrey Roberts Self Drive 50 cars
c/o O.K. Welders
Wulff Road
71. George I. McCartney Self Drive 2 cars
Mount Royal Ave.
Nassau
72. Bertram H. Armaly Self Drive 2 cars
Wulff Road
Nassau
(Sgd.) F. R. ASHMOLE,
Controller.

Public Works Department,
Nassau, N.P., Bahamas,
14th April 1960.
NOTICE TO MARINERS
A new Automatic Acetylene Light has been established at
"Freeport" Grand Bahama, to replace the fixed oil light known as
Pinder Point Light.
The particulars of the new lighthouse are as follows:-
Lat. 26 30' 25" North
Long. 78* 45' 55" West
White light sector 113" through South to 301'
Red light sector 301" through North to 113"
The light flashes in groups of three every fifteen second
interval.
Visibility in clear weather twelve (12) nautical miles.
Lighthouse structure is a concrete tower located a short
distance west of Pinder Point. The structure is
painted in horizontal bands black and white each
eight (8) feet wide.















306 OFFICIAL GAZETTE

The height of the focal plane is fifty-four (54) feet above
mean sea level.
R. G. RAE,
Director, Public Works.

Nassau, Bahamas,
14th April 1960.
CIVIL SERVICE COMMISSION
NASSAU
Applications are invited for vacancies in the undermentioned
Departments as follows:
TELECOMMUNICATIONS DEPARTMENT
A vacancy exists for two (2) Telegraph Traffic Operators in
the Telecommunications Department. The Salary during the pro-
bationary period of three months will be at the rate of 450 850
according to ability. (390 440 if under 20 years of age).
The duties of these persons will be:-
(a) to keep records of all incoming telegrams.
(b) delivery of telegrams by telephone.
(c) control of telegram messengers.
AUDIT DEPARTMENT
One Clerk (Male). Some experience essential. Salary in the
range of 450 970. (390 440 if under 20 years of age).
POST OFFICE DEPARTMENT
One Clerk (Male). The minimum education and qualifica-
tions required is the Local Leaving Certificate but preference will
be given to higher qualifications. Salary in the range of 450 -
670 p.a. (390 440 if under 20 years of age).
LABOUR OFFICE DEPARTMENT
One Typist. Some experience essential. Salary in the range
of 450 970. (390 440 if under 20 years of age).
AGRICULTURE & MARINE DEPARTMENT
Shorthand Typist for Secretarial and General Office duties.
Salary in the range of 970 1,040 p.a. Basic knowledge of
Latin is desired.
Application forms may be obtained at the office of the Civil
Service Commission, in the House of Myers (ground floor) on the
corner of Bay Street and Victoria Avenue, and when returned
should be accompanied by three recent testimonials from re-
sponsible persons.
Final applications will close at 12 noon on Saturday 23rd
April 1960.
A. W. FRISBY,
Chairman,
Civil Service Commission,
P. O. Box 581,
Nassau.


Registrar General's Officer,
Nassau, N.P., Bahamas.
16th April, 1960.
THE TRADE MARKS ACT
Trade Mark Nos. 124 and 125
Class 43
I hereby give notice that the registration of the Trade Mark
above referred to of Hiram Walker & Sons Limited of City of















OFFICIAL GAZETTE 307

Walkerville, Province of Ontario, Dominion of Canada, registered
on the 15th day of April, 1918, has been renewed as and from
the 16th day of April, 1960.
JAMES LIDDELL,
Registrar General.


Registrar General's Office,
Nassau, N.P., Bahamas,
16th April, 1960.
THE TRADE MARKS ACT
Trade Mark No. 1433
Class 8
I hereby give notice that the registration of the Trade Mark
above referred to of Union Carbide Corporation of 30 East Forty-
second Street, New York, United States of America, registered
on the 15th day of March, 1946, has been renewed as and from
the 15th day of March 1960.
JAMES LIDDELL,
Registrar General.


Nassau, Bahamas,
19th April 1960.
CIVIL SERVICE COMMISSION
NASSAU
Applications are invited for the following vacancies in the
Out Island Department.
TWO COMMISSIONERS
Salary in the range of 760 x 70 1390. Qualifications be-
low the Cambridge Senior or its equivalent will not be consider-
ed. The suggested age limit is from 27 to 40 inclusive. The high-
est reference of character will be required.
Application forms may be obtained at the office of the Com-
mission in the House of Myers, Bay Street and Victoria Avenue
and when returned should be accompanied by three recent tes-
timonials from responsible persons. Final applications will close
at 12 noon on Saturday 7th May, 1960.

A. W. FRISBY,
Chairman,
Civil Service Commission,
P. O. Box 581,
Nassau.


H.M. Customs,
Nassau, Bahamas.
Establishment of Quarantine Anchorage

All small crafts that previously anchored East of Prince
George Dock to await Customs clearance are now requested to
anchor in the vicinity of the Quarantine Buoy which is being put
down North of the turning basin in Nassau Harbour and must
remain there until cleared by Customs and Immigration.

E. H. McKINNEY,
Comptroller of Customs,















OFFICIAL GAZETTE


Nassau, Bahamas,
20th Anril 1960.
CIVIL SERVICE COMMISSION
NASSAU
Applications are invited for the post of a Male Clerk in the
Treasury Department. Applicants should have some book-keep-
ing experience and a sound education. The Salary is in the Scale
970 1390.
Applicaton forms may be obtained at the office of the Com-
mission in the House of Myers (ground floor) Bay Street and Vic-
toria Avenue and when returned should be accompanied by three
recent testimonials from responsible persons. Final applications
will close on Thursday 28th April 1960 at 12 noon.
A. W. FRISBY,
Chairman,
Civil Service Commission,
P. O. Box 581,
Nassau.

BOARD OF EDUCATION CONTINUATION CLASSES
TECHNICAL EVENING COURSES
On Monday 25th April, 1960, courses in Technical Subjects
will commence for the new year at Oakes Field.
These courses are designed so that students if they wish may
take City and Guilds of London Institute Examinations held
locally in May of each year. One year courses consist of three
13 week terms. Time-table and fees are as follows:-
Monday 5 7 p.m. Engineering Science 2/6 per hour
Tuesday 5 7 p.m.Telecommunications
Principles 3/- per hour
Wednesday 5 7 p.m. Practical Mathematics 2/6 per hour
Thursday 5 7 p.m. Mathematics A & B
(2nd yr.) 3/- per hour
A course in electronics and basic radio theory for beginners
may be commenced if there is a sufficient number of applicants.
Application for enrolment should be made to Mr. W. E. Saul,
B.Sc., Ph.D., at the Technical School, Oakes Field

DOMESTIC SCIENCE
SOUTHERN SENIOR SCHOOL
SCHOOL CERTIFICATE CLASS COMMENCES: 25th
April at 4.30 p.m.
GENERAL CLASSES: 4th May at 6.00 p.m.
The fee for each course of lectures is 1, which should be
paid on enrolment. These courses are open to all interested per-
sons. Intending students should attend at the Southern Senior
School on the date and at the time stated above of the first
lecture of the course they select.
TOPIC: ENTERTAINING: Buffet, Bridge, Dinner, Luncheon,
Parties.
SALADS: Summer and Winter, salads including veg-
etables, fruits, cheese, meat and fish.
BAHAMIAN DISHES: Guava dough, turtle pie, fish
and conch chowders, peas and
rice, sauce, fish cutlets, Baha-
mian fruit cup.















OFFICIAL GAZETTE 309

Registrar General's Office,
Nassau, N.P., Bahamas,
21st April, 1960.
THE TRADE MARKS ACT
Trade Mark No. 827
Class 45
I hereby give notice that the registration of the Trade Mark
above referred to of Brown & Williamson Tobacco Corporation
(Export) Limited of Westminster House, 7 Millbank, London,
S.W., England, registered on the 21st day of April, 1932, has been
renewed as and from the 21st day of April, 1960.
N. C. ROBERTS,
Asst. Registrar General.

Registrar General's Office,
Nassau, Bahamas,
21st April, 1960.
The following Minister of Religion having been duly regis-
tered shall be deemed to be appointed a Marriage Officer of the
Colony, with effect from 21st day of April, 1960:
George L. Jenkins Watch Tower Bible and Tract
Society, Nassau, Bahamas.
JAMES LIDDELL,
Registrar General.

DRUGGIST LICENCE
The undermentioned person has been granted a licence un-
der the Pharmacy Act, Chapter 53, Section 5.
Mr. Robert E. Isaacs "R. Knowles Food Fair", situated
on the ground floor of the
"Knowles" building on the
northern side of Wulff Road.
S. B. ARCHER,
for Receiver General and Treasurer.
The Treasury,
Nassau, Bahamas,
23rd April, 1960.

BAY RUM LICENCE
The undermentioned person has been granted a licence under
The Bay Rum Act (Chapter 324) Section 4).
George A. Symonette A Drug Store situated on
Meadows Street.
S. B. ARCHER,
for Receiver General and Treasurer.
The Treasury,
Nassau, Bahamas,
23rd April, 1960.

THE PHARMACY ACT (CHAPTER 53, SECTION 6)
The undermentioned persons have been granted permits un-
der the Pharmacy Act.
Mr. Whitfield Burrows Green Castle, Eleuthera
Mr. Frank Culmer Savannah Sound, Eleuthera.
S. B. ARCHER,
for Receiver General and Treasurer.
The Treasury,
Nassau, Bahamas,
23rd April, 1960.

















310 OFFICIAL GAZETTE

NOTICE OF SITTING OF THE LICENSING AUTHORITY

THE LIQUOR LICENCES ACT Ch. 322
NOTICE is hereby given that a sitting of the Licensing Authority
for the Island of New Providence, will be held at the Magistrat's Court
Room on Wednesday, the 27th day of April 1960, at 3.45 p.m. o'clock
for the purpose of granting licences (and transfers of licences), under
the above Act.
The undermentioned persons have applied for a grant of the
licences and transfers if any, specified below.

Name and Address Description of Description of
of the Applicant Licence Premises

RENEWAL FOR THE YEAR 1960


520. Mannasah
Deveaux,
Eastern District.


Wholesale


One storey stucco
building situate Union
Village in the Eastern
District of the Island
of New Providence.


NEW LICENCES FOR NEW PROVIDENCE
Restaurant and Music & Dancing Applications
Southern District, New Providence


38. Harold Harcourt
Lightbourne,
Southern District,
New Providence.





39. Harold Harcourt
Lightbourne,
Southern District,
New Providence.


40. Leonard Steele,
Southern District,
New Providence.




41. Leonard Steele,
Southern District,
New Providence.




42. Eulah Morley,
Market Street,
South,
Southern District,
New Providence.




43. Eulah Morley,
Market Street,
Southern District,


Restaurant









Music and Dancing


Restaurant






Music and Dancing






Restaurant








Music and Dancing


One storey stone build-
ing situate Market
Street, South, about
500 ft. off Wulff Road
running South, in the
Englerston Area of the
Southern District of
the Island of New Pro-
vidence.
One storey stone build-
ing situate Market
Street, South, in the
Southern District of
the Island of New Pro-
vidence.
Two storey stone build-
ing situate at the cor-
ner of Market and
King Streets in the
Southern District of
the Island of New Pro-
vidence.
Two storey stone build-
ing situate at the cor-
ner of Market and
King Streets in the
Southern District of
the Island of New Pro-
vidence.
One storey stone build-
ing situate Market
Street, off Wulff Road
running South about
700 ft., in the Engler-
ston Area of the South-
ern District of the Is-
land of New Provi-
dence.
One storey stone build-
ing situate Market
Street, South, in the

















OFFICIAL GAZETTE 311
Name and Address Description Description of
of the Applicant of Licence Premises


Englerston Area of the
Southern District of the
Island of New Provi-
dence.


Eastern District, New Providence


44. Erskine Johnson,
Shirley Heights,
Eastern District,
New Providence.



45. Samuel Stubbs,
Eastern District,
New Providence.







46. Samuel Stubbs,
Eastern District,
New Providence.



47. Ruby Treco,
Eastern District,
New Providence.





48. Ruby Treco,
Eastern District,
New Providence.


Restaurant







Restaurant









Music and Dancing





Restaurant (building
not yet constructed
plans submitted)





Music and Dancing


One storey stone build-
ing situate on the East
side of Peardale, in
centre of block, in the
Eastern District of the
Island of New Provi-
dence.
A portion of the ground
floor of a two storey
stone building situate
Mt. Royal Avenue,
about 500 ft. off Wulff
Road running North, in
the Eastern District of
the Island of New Pro-
vidence.
The ground floor of a
two storey stone build-
ing situate Mt. Royal
Avenue in the Eastern
District of the Island of
New Providence.
The ground floor of a
two storey stone build-
ing situate Royal Palm
Avenue between Mont-
rose Avenue and Mac-
key Street in the East-
ern District, New Pro
evidence.
The ground floor of a
two storey stone build-
ing situate Royal Palm
Avenue in.the Eastern
District of the Island
of New Providence.


City District, New Providence


49. Majorie Sue
Hartford,
New Providence.


50. Majorie Sue
Hartford,
New Providence.


Restaurant




Music and Dancing


One storey wooden
building situate Hog
Island in the City of
Nassau in the Island of
New Providence.
One storey wooden
building situate Hog Is-
land.


'Wholesale Applications-
Southern District, New Providence


51. Oscar Glinton,
Market Street,
,South,
Southern, District,
New Providence.


Wholesale


One storey wooden
building- situate- -Mar-
ket Street, South, (near
the end of the Road) in
the Grove Area, in the
Southern District of
the Island of New Pro-
vidence.


New Providence.

















312 OFFICIAL GAZETTE
Name and Address Description of Description of
of the Applicant Licence Premises
52. Samuel Cleare, Wholesale One storey stone build-


Coconut Grove,
Southern District,
New Providence.



53. Doreen Moss,
New Providence.





54. Carl Arnette,
Coconut Grove.
Southern District.


Eastern
55. Eugene Mortimer,
Eastern District,
New Providence.






56. Ortland H. Bodie,
Eastern District,
New Providence.




57. Melbourne V.
Roberts.




Western
58. Elisha Cummings,
Cambridge Street.


Wholesale






Wholesale


District, New
Wholesale









Wholesale






Wholesale






District, New
Wholesale


ing situate Coconut
Grove, near Dorsett's
Grocery Store, in the
Southern District of
the Island of New Pro-
vidence.
One storey stone build-
ing situate Hampton
Street, near the Vic-
toria Union Lodge Hall
in the Southern Dis-
trict of the Island of
New Providence.
One storey stone build-
ing situate first corner
South of John Deveaux
on East Street running
East in the Englerston
Area of the Southern
District of the Island
of New Providence.
Providence
One storey stone build-
ing situate South Beach
Road, between Indus-
trial School and Sandi-
lands Hospital, in the
Fox Hill Area of the
Eastern District of the
Island of New Provi-
dence.
One storey stone build-
ing situate Wulff Road,
East, opposite Mr.
Percy Munnings Res-
taurant, in the Eastern
District of the Island
of New Providence.
One storey stone build-
ing situate Winchester
Street in the Eastern
District of the Island of
New Providence one of
the Bahama Islands.
Providence
One storey stone build-
ing situate Cambridge
Street, about 300 ft. off
Augusta Street running
West, in the Western
District of the Island
of New Providence one
of the Bahama Islands.


Music and Dancing Applications
Southern District New Providence
59. Walter Rolle, Music and Dancing The ground floor of a
Southern District, two storey stone build-
New Providence. ing situate M a r k et
Street, just South of
Wulff Road, in the
Southern District of the
Island of New Provi-
dence one of the Baha-
ma Islands.

















OFFICIAL GAZETTE


Name and Address
of the Applicant


Description of
Licence


Description of
Premises


Eastern District, New Providence


60. Jack Key,
Eastern District,
New Providence.



61. David Kemp,
Eastern District,
New Providence.




62. Erskine Johnson,
Eastern District,
New Providence.


63. B. R. Cartwright,
New Providence.








64. Walter Rolle,
President Club 77,
Southern District,
New Providence.





65. Alexander
Constantakis,
New Providence.




66. White Gate
Limited,
New Providence.



67. White Gate
Limited,
New Providence.



68. Japeth Darling,
Southern District,
New Providence.


Music and Dancing





Music and Dancing






Music and Dancing


TRANSFER
Music and Dancing









Members Club









Restaurant






Restaurant





Music and Dancing





Wholesale


A portion of a one
storey stone building
situate Maude Street in
the Eastern District of
the Island of New Pro-
vidence.
One storey stone build-
ing situate Poinciana
Lane off Mackey Street
running West, in the
Eastern District of the
Island of New Provi-
dence.
One storey stone build-
ing situate Peardale in
the Eastern District of
the Island of New Pro-
vidence.


A portion of the
ground floor of a two
storey stone building
known as the Shalimar
Hotel in the Southern
District, New Provi-
dence, from A. H. Cart-
wright to B. R. Cart-
wright.
The ground floor of a
two storey stone build-
ing situate Market
Street, just South of
Wulff Road in the
Southern District of the
Island of New Provi-
dence one of the Baha-
ma Islands.
One storey stone build-
ing known as the W. T.
Saunders Shop in the
City of Nassau, oppo-
site the Colony Club, in
the Island of New Pro-
vidence.
Two storey stone build-
ing situate opposite the
British Colonial Hotel
Grounds in the City of
Nassau in the Island of
New Providence.
Two storey stone build-
ing situate opposite the
British Colonial Hotel
Grounds in the City of
Nassau in the Island of
New Providence.
One storey wooden
building situate Darling
Lane off Wulff Road
running North in the
Southern District of the
Island of New Provi-
dence one of the Baha-
ma Islands.

















314 OFFICIAL GAZETTE

Name and Address Description Description
of the Applicant of Licence of Premises


69. Willis E. Wood,
Southern District,
New Providence.









70. Rosalie McPhee,
New Providence.





71. John Styles,
Eastern District.


Wholesale


Wholesale







Music and Dancing


One storey wooden
building situate Palm
Tree Avenue, just
South of Cole-Thomp-
son Pharmacy (the Co-
conut Grove Branch in
the Knowles Building)
in the Coconut Grove
Area of the Southern
District of the Island of
New Providence.
One storey stucco build-
ing situate Culmer Al-
ley off Kemp Road run-
ning East in the East-
ern District of the Is-
land of New Provi-
dence.
One storey stone build-
ing situate Oakes Field
in the Western District
and known as Johnson's
Drive In Restaurant,
New Providence.


Dated at Nassau, N.P., the 21st day of April, 1960.
LESLIE A. WHYLLY,
Clerk to the Licensing Authority.

APPLICATIONS FROM THE OUT ISLANDS
Governor's Harbour, Eleuthera


35. Mrs. Everild
Helweg-Larsen,
President the
Buccaneer Club,
Governor's
Harbour,
Eleuthera.
36. Mrs. Everild
SHelweg-Larsen,
Governor's
Harbour,
' Eleuthera.
37.; Robert Pinder,
Alice Town,
Eleuthera.


Proprietary Club







Music and Dancing




Wholesale


Bu ilding situate
Haynes Avenue, Gov-
ernor's Harbour, Eleu-
thera.



B u i 1 d i n g situate
Haynes Avenue, Gov-
ernor's Harbour, Eleu-
thera.

One storey stone build-
ing situate Public Road,
Alice Town, Eleuthera.


Rock Sound, Eleuthera


38, Arthur Brown.
Waterford,
Rock Sound,
Eleuthera.
39. Warren Young,
Chairman the
Entertainers Club

40. Warren Young,
: Chairman the
Entertainers Club



-61, Lloyd Butler,
D. Dundas Town,
Abaco. "


General


Proprietary Club



Music and Dancing



Hope Town, Abaco
General


Buil ding situate
Wemyss Bight, Eleu-
thera.

One storey stone build-
ing and patio situate
Wemyss Bight, Eleu-
thera.
One storey stone build-
ing and patio situate
Wemyss Bight, Eleu-
thera.


One storey building sit-
uate Main Street, Dun-
das Town, Abaco.

















OFFICIAL GAZETTE 315

Name and Address Description of Description of
of the Applicant Licence Premises


62. Lloyd Butler,
Dundas Town,
Abaco.
63. K. Moyer,
Secretary
the O-I Club,
Abaco.
64. W./ W. Raborn,
Secretary the
Foulton Club,
Snake Cay,
Abaco.
65. Mrs. John
R. Maloy,
Secretary
the White Sand
Club, Abaco.


Restaurant


Proprietary Club



Proprietary Club




Proprietary Club


One storey stone build-
ing situate Dundas
Town, Abaco.
Building situate Hope
Town, Abaco.


Building situate Snake
Cay, Hope Town, Aba-
co.


Building situate Elbo
Cay, Abaco.


NOTICE OF SITTING OF THE LICENSING AUTHORITY

THE SHOP LICENCES ACT Ch. 325

NOTICE is hereby given that a sitting of the Licensing Authority
for the Island of New Providence, will be held at the Magistrate's Court
Room on Wednesday, the 27th day of April 1960, at 3.45 p.m. o'clock
for the purpose of granting licences (and transfers of licences) under
the above Act.
The undermentioned persons have applied for a grant of the
licences and transfers if any, specified below.

Name and Address Description of Description of
of the Applicant Licence Premises


Southern District, New Providence


75. Lucinda
Ferguson,
Lifebuoy Street,
Southern District,
New Providence.


76. Hubert Simmons,
Englerston,
Southern District,
New Providence.




77. E. Johnson,
New Providence.



78. Merline Newbold,
Englerston,
Southern District,
New Providence.


Dry Goods and
Notions






Grocery and Notions








Dry Goods, Shoes
and Notions



Grocery


One storey stone build-
ing situate Lifebuoy
Street, off East Street
running East, in the
Southern District of
the Island of New Pro-
vidence.
One storey building sit-
uate at the corner of
Acklins Street and Cor-
dex Avenue in the
Englerston Area of the
Southern District of
the Island of New Pro-
vidence.
One storey building sit-
uate Milton Street,
East. in the Southern
District of the Island of
New Providence.
One storey wooden
building situate at the
corner of Hospital Lane
and Meadow Street in
the Southern District
of the Island of New
Providence.

















316 OFFICIAL GAZETTE

Name and Address Description Description
of the Applicant of Licence of Premises


79. Anon Johnson,
Southern District,
New Providence.


80. Roda M. Maurry,
Rockey Road,
Southern District,
New Providence.

81. Delma Rolle,
Plantol Street,
Southern District,
New Providence.


82. Julius Cox,
Augusta Street,
Southern District,
New Providence.




83. Nathaniel
Strachan,
Southern District,
New Providence.




84. George W. Petty,
Southern District,
New Providence.



85. Nathaniel Clarke,
Wellington Street,
Southern District,
New Providence.


Snowcones, Candies,
Etc.



Dry Goods and
Notions



General Merchandise





General Merchandise,
Dry Goods and
Notions





General Merchandise
and Meats







Grocery and Notions





General Merchandise


Eastern District, New Providence


86. Uriah McPhee,
Strachan Alley,
Kemp Road,
Eastern District,
New Providence.




87. C. Major,
Fox Hill,
Eastern District.



88. Algernon L.
Roberts,
Eastern District,
New Providence.


Patent Medicines









Parts, Accessories,
Repairs, Etc.




General Merchandise


The ground floor of a
two storey stone build-
ing situate Strachan
Alley off Kemp Road
and known as McPhee's
Food Store in the East-
ern District of the Is-
land of New Provi-
dence.
One storey building sit-
uate South Beach Road
in the Fox Hill Area of
the Eastern District of
the Island of New Pro-
vidence.
The eastern portion of
the ground floor of
the Quarterdeck build-
ing situate East Bay


One storey wooden
building situate Junes
Terrace in the Southern
District of the Island
of New Providence.
One storey wooden
building situate Pantol
Street in the Southern
District of the Island
of New Providence.
One storey building
situate on the South
side of Plantol Street
in the Southern District
of the Island of New
Providence.
The ground floor of a
two storey stone build-
ing situate East Street
and Bahama Avenue in
the Englerston Area of
the Southern District
of the Island of New
Providence.
The ground floor of a
two storey stone build-
ing situate at the cor-
ner of Cameron Street
and Baillou Hill Road
in the Southern District
of the Island of New
Providence.
One storey wooden
building situate Ma-
son's Addition in the
Southern District of
the Island of New Pro-
vidence.
One storey stucco build-
ing situate Market
Street, just South of
Taylor Street, in the
Southern District of
the Island of New Pro-
vidence.

















OFFICIAL GAZETTE 317
Name and Address Description Description
of the Applicant of Licence of Premises


89. Tyna Sawyer and
Betty Ramsay,
Palmdale,
Bradley Street,
Eastern District,
New Providence.
90. Lloyd Thompson,
Eastern District,
New Providence.




91. Howard Johnson,
Eastern District,
New Providence.




92. E. A. Moss,
Baillou Hill Road,
Southern District,
New Providence.



93. Allan McKinney,
Kemp Road,
Eastern District.


94. Ethel Deveaux,
Kemp Road,
Eastern District,
New Providence.




95. Henry Adderley,
Mackey Street,
Eastern District.


Dry Goods, Infants
Wear and Maternity
Apparel



Grocery







Dry Goods and
Notions





Hardware Goods and
General Merchandise





Paint Shop, Repairs,
Etc.



Notions







Furniture, Cool
Drinks, Vegetables,
Etc.


Street in the Eastern
District, New Provi-
dence.
Store No. 10 in the
Nassau Shopping Cen-
tre, Bay Street, East.
ern District, New Pro-
vidence.

One storey wooden
building situate Cla-
ridge Road, off Wulff
Road running South, in
the Eastern District of
the Island of New Pro-
vidence.
The ground floor of a
two storey stone build-
ing situate opposite the
City Lumber Yard in
the Eastern District of
the Island of New Pro-
vidence.
The ground floor of a
two storey stone build-
ing situate Wulff Road,
East, just East of
Mackey Street, in the
Eastern District, New
Providence.
One storey tin building
situate Shirlea Road in
the Eastern District ol
the Island of New Pro.
evidence.
One storey stucco build-
ing situate Wulff Road,
just East of Percy
Munnings restaurant in
the Eastern District of
the Island of New Pro-
vidence.
One storey stone build-
ing situate St. James
Road in the Eastern
District of the Island of
New Providence.


The City District, New Providence
96. Sally L. Carey, Wearing Apparel, A portion of the
Eastern District, Clothing and Notions ground floor of a three
New Providence. storey stone building
known as Freidmark
and Hoffer building sit-
uate Bay Street in the
City of Nassau in the
Island of New Provi-
dence.

Western District, New Providence
97. Florence Bethell, Grocery and Notions One storey wooden
Farrington Road, building situate Great-
Western District, er Chippingham, one
New Providence. block North of the
Church of God building,
in the Western District

















318 OFFICIAL GAZETTE
Name and Address Description of Description of
of the Applicant Premises Licence


98. Maude Finley,
Mackey Street,
Eastern District,
New Providence.

99. Francis Peek
Limited,
a Bahamian
Company.


Petty Shop




Antiques and
Objects d'art


of the Island of New
Providence.
One storey wooden
building situate Hutch-
inson Alley in the Is-
land of New Provi-
dence.
The ground floor of a
two storey stone build-
ing known as the Shop-
ping Centre situate Ly-
ford Cay in the West-
ern District, New Pro-
vidence.


100. B. A. Cartwright




101. Irene Smith,
Nassau Street,
South,
Western District,
New Providence.

102. Sydney Gaitor,
Nassau, N.P.







103. Charles Bowleg,
Southern District,
New Providence.






104. Christine Clarke,
Englerston,
Southern District,
New Providence.




105. Alice Duncan,
Plantol Street,
Southern District.


TRANSFER

Restaurant




General





Cool Drinks,
Sandwiches, Etc.







Dry Goods and
Patent Medicines







Sandwiches and
Confectionery






Groceries and
Notions


A portion of the ground
floor known as the
Shalimar Hotel from
Allen H. Cartwright to
B. A. Cartwright.
One storey stone build-
ing situate Nassau St.,
just South of Minus
Street in the Southern
District, New Provi-
dence.
One storey stone build-
ing known as the Coak-
ley Building situate on
the South side of Lewis
Street, between East
Street and Market
Street in the Southern
District, New Provi-
dence.
One storey stone build-
ing situate Lewis Street
and Bethell's Addition
between East and Mar-
ket Streets in the
Southern District of
the Island of New Pro-
vidence one of the Ba-
hama Islands.
One storey wooden
building situate East
Street, South, near Ex-
uma Street in the Eng-
lerston Area of the
Southern District of the
Island of New Provi-
dence.
One storey wooden
building situate Plan-
tol Street in the South-
ern District of the Is-
land of New Provi-
dence.


Dated at Nassau, N.P., the 21st day of April, 1960.


LESLIE A. WHYLLY,
Clerk to the Licensing Authority.


















SUPPLEMENT TO THE


OFFICIAL


GAZETTE


BAHAMAS


PUBLISHED BY AUTHORITY


NASSAU April 23, 1960 17


GOVERNMENT NOTICE


COLONIAL SECRETARY'S OFFICE


No. 104.
The subjoined Regulations made under The Petroleum Act
(Chapter 15) are published for general information.


By Command
A. G. KNOX JOHNSTON,
Acting Colonial Secretary.


M.P. 12731B.


x
2-96
J/rZ F7














COLONY OF THE BAHAMAS




THE PETROLEUM


REGULATIONS







MADE UNDER THE PETROLEUM ACT


CHAPTER 15














Amnmn No. DaeEboidSintr


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Date Embodied


Signature


Amendment No.












REGULATIONS


MADE UNDER

THE PETROLEUM ACT.
In exercise of the powers vested in them by section 28 of
The Petroleum Act, the Board with the approval of the
Governor in Council, hereby make the following Regulations:

PART I.
GENERAL.
Title.
1. These Regulations may be cited as The Petroleum
Regulations.
Interpretation.
2. In these Regulations and in every licence and lease
issued in accordance therewith and in accordance with The
Petroleum Act the term "Act" means The Petroleum Act.
Persons by whom applications may be made.
3. Any person may apply in accordance with these
Regulations to the Board for-
(a) an oil exploration licence;
(b) an oil prospecting licence;
(c) an oil mining lease;
in respect of Crown lands, of alienated lands or submarine
areas or of all.
Manner in which applications may be made.
4.- (1) Every application shall be made in writing in
the form set out in the First Schedule hereto addressed to
the Board.
(2) Every application shall state:-
(a) in the case of an application by an individual, his
address, nationality and occupation;
(b) in the case of an application by a company the
nature of and the principal place of business of the
company (and if the principal place of business is
outside the Colony, the name and address of a duly
authorized agent in the Colony) the names and
nationalities of the directors thereof and the
names and holdings of the principal shareholders.










(3) Every application shall contain in addition to the
matters specified in paragraph (2) (b) of this Regulation
full particulars of the company to be incorporated in
accordance with the provisions of section 10 of the Act for
the purpose of receiving the grant in pursuance of the
application.
(4) With the application there shall be sent the
prescribed fee, that is to say:-
For an oil exploration licence................... 10
For an oil prospecting licence .................. 20.
For an oil mining lease........................ 30.
But if the application shall be refused the Board will repay
to the applicant one-half of the fee thus paid.
(5) To the application there shall be attached two
copies of the survey or map upon which shall be delineated
the boundaries of the area in respect of which a licence or
lease is applied for.
(6) The applicant shall with his application furnish
evidence as to his financial and technical qualifications and
as to his ability to comply with any terms and conditions
set out in the Second Schedule hereto relating to the licences
or leases for which application is made and in case of an
application by an alien or a company incorporated outside
the Colony, the like evidence in relation to the company to
be incorporated in accordance with the provisions of section
10 of the Act for the purpose of receiving the grant and
exploiting any licence or lease which may be granted in
pursuance of the application. The applicant shall forthwith
upon the request of the Board furnish further evidence
relating to such matters and if such further evidence shall
not be furnished to the satisfaction of the Board within
three months of the request therefore the application shall,
unless the Board with the approval of the Governor in Council
otherwise determine, be deemed void.
(7) All information comprised in or furnished to the
Board in pursuance of an application made in accordance
with these Regulations shall be treated as confidential by
the Board.

Separate application for each area.
5. Where an applicant requires a licence or lease for
two or more separate areas, a separate application shall be
made in respect of each such area.










Grant of more than one licence or lease.
6. Nothing in these Regulations shall prevent more
than one licence or lease being granted to the same company.
Method of making application for assignment.
7. An application by a licensee or lessee for the assign-
ment of a licence or lease shall be made in writing addressed
to the Board and shall be accompanied by a fee of ten pounds.
With the application the applicant shall furnish the like
particulars in respect of the proposed assignee as are re-
quired to be furnished in the case of applicants for licences
and lease under Regulation 4.

Lapse of right to licence or lease.
8. If a licence or lease is not executed within six months
after the approval of the application the right of the appli-
cant to such licence or lease shall be deemed to have lapsed
unless the Board considers that the delay is not attributable
to the fault of the applicant.

Publication.
9. The Board shall as soon as may be after the grant,
surrender, determination or assignment of any licence or
lease, publish a notice of the fact in the Gazette stating the
name of the licensee or lessee or assignee and the situation
of the area concerned.

Model clauses.
Second Schedule.
10. Every oil exploration licence, oil prospecting licence
and oil mining lease shall incorporate such of the clauses
respectively set out in Parts I, II and III of the Second
Schedule hereto as shall be appropriate subject to such
modifications and exclusions as the Board with the approval
of the Governor in Council thinks fit and such additional
clauses covering supplementary matters as the Board with
the approval of the Governor in Council thinks necessary.

Bond.
11. Before the grant of any such licence or lease a Bond
shall be executed in the form appropriate to such licence or
lease as is set out in the Forms referred to in the Second
Schedule hereto.










PART II.
OIL EXPLORATION LICENCES.
Oil Exploration licence.
12. The grant of an oil exploration licence shall be
subject to the payment by the licensee of a fee of fifty pounds
for every one thousand square miles or part thereof of land
or sub-marine area comprised in the licence, provided that
the fee payable shall not be less than one hundred pounds
nor more than one thousand pounds.
Period.
13. The initial term of an oil exploration licence shall
not exceed two years.
Renewal.
14. Provided that if the licensee under an oil exploration
licence has complied with the provisions of the Act and these
Regulations and the conditions and stipulations contained
in such licence, the Board shall, on application made by the
licensee on three months' notice in writing, grant a renewal
of an oil exploration licence in respect of the whole of the
licensed area or any part thereof which complies with sub-
section (1) of section 12 of the Act for a further term not
exceeding two years. Nothing in this regulation shall be
construed so as to prevent the Board from granting, in its
discretion, further renewals of any Oil Exploration Licence
for periods not exceeding one year to any Licencees at the
expiry of the two year period.

PART III.
OIL PROSPECTING LICENCES.
Grant of oil prospecting licences.
15. The Board may grant an oil prospecting licence over
the land and submarine area specified therein whether or
not the applicant has been the holder of an oil exploration
licence. The grant of an oil prospecting licence shall be
subject to the rights of the owner of a valid oil exploration
licence in respect of the said land and submarine areas.

Comprehensive oil prospecting licence.
16. Subject to the provisions of Regulation 5 the Board
may, at its discretion, grant a comprehensive oil prospecting










licence in respect of two or more separate areas provided
they are situated reasonably close together and provided
further that the sum of such areas shall not exceed two
hundred square miles.

Shape of area.
17. Every separate area in respect of which an oil pros-
pecting licence is granted shall be, so far as possible, compact
and shall either be limited by well marked permanent boun-
daries or be bounded by straight lines. The greatest length
of any area for which an oil prospecting licence is granted
shall not be more than three times the average width in the
case of an area of eight square miles or more than six times
the average width in the case of an area of two hundred
square miles. In the case of an area of intermediate size
such maximum ratio shall vary between three and six in
proportion to the size of the area.

Period.
18. The initial term of an oil prospecting licence shall
not exceed four years.

Renewal.
19. Provided that the licensee under an oil prospect-
ing licence has complied with the provisions of the Act and
these Regulations and the conditions and stipulations con-
tained in such licence, the Board shall, on application made
by the licensee on three months' notice in writing, grant a
renewal of an oil prospecting licence in respect of the whole
of the licensed area or any part thereof which complies with
sub-section (2) of section 12 of the Act and with Regulation
17 for a further term of twelve months.

Working obligations.
20. The licensee shall in respect of the area or areas
covered by each licence carry out with due diligence such
scheme of prospecting, including any geological and/or
geophysical survey and/or programme of test drilling as
shall be agreed between the Board and the licensee: Provided
that in the event of more than one oil prospecting licence being
granted to the same licensee, a programme of test drilling
covering two or more licensed areas where the geological
objective is the same for the purpose of determining whether










commercial deposits of petroleum exist within those areas
shall be agreed between the Board and the Licensee, which
said programme shall fix the times at which drilling opera-
tions shall commence in respect of the oil prospecting licence.

Certain yearly rent.
21. The licensee shall pay annually in advance a certain
yearly rent at the following rates:-
(a) in respect of each year of the initial term of an oil
prospecting licence, five shillings; and
(b) in respect of each renewal of the term of an oil
prospecting licence, ten shillings;
for each square mile comprised in the licensed area, provided
that the certain yearly rent payable for each year of the
initial term shall not be less than ten pounds and for each
renewal of the term shall not be less than twenty pounds.

PART IV.
OIL MINING LEASES.
Grant of oil mining leases.
22. An oil mining lease shall only be granted in respect
of:-
(a) an area which has previously been included either
in an oil prospecting licence granted under the Act
to the applicant or in an oil mining lease granted
to a former lessee; or
(b) an additional area adjoining that already held un-
der an oil mining lease by the applicant.

Comprehensive oil mining lease.
23. Subject to the provisions of Regulation 5 the Board
may, at its discretion, grant a comprehensive oil mining lease
in respect of two or more separate areas provided they are
situated on the same geological structure or cover a group of
geologically similar and related structures and provided
further that the sum of such areas shall not exceed one hun-
dred square miles.

Shape of area.
24. Each separate area in respect of which an oil mining
lease is granted shall either be limited by well marked per-
manent physical boundaries or laid out in a block or blocks










bounded by straight lines between well defined points. The
greatest length of any area for which an oil mining lease is
granted shall not be more than three times the average width
in the case of an area of four square miles or more than five
times the average width in the case of an area of one hundred
square miles. In the case of an area of intermediate size,
such maximum ratio shall vary between three and five in
proportion to the size of the area.

Survey at expense of applicant.
25. Before an oil mining lease is granted by the Board
the applicant shall at his own expense cause a topographical
survey of the land specified therein to be made to a scale
normally required for oil mining purposes.

Term of lease.
26. The term of an oil mining lease shall be thirty years
and shall in no circumstances exceed that period but at the
request of the lessee may be for a period of less than thirty
years, and every such lease shall contain a clause permitting
a renewal for a further period of thirty years.

Per acre
per annum.
s. d.
In respect of the first year of the term of an oil
mining lease ............................ 2 0
In respect of the second year of the term of an oil
m inning lease ...... .................... .. 3 0
In respect of the third year of the term of an oil
m ining lease ............................ 4 0
In respect of the fourth year of the term of an oil
mining lease ............................ 6 0
In respect of the fifth year of the term of an oil
mining lease ............................ 8 0
In respect of the sixth year and each subsequent
year of the term of an oil mining lease...... 10 0

28. The Petroleum Regulations 1945 are hereby re-
voked.











SCHEDULES.
FIRST SCHEDULE.
APPLICATION FOR AN OIL EXPLORATION LICENCE, AN
OIL PROSPECTING LICENCE OR AN OIL MINING LEASE.
(1) Name(s) of Applicant(s) in full ..................
(2) If application is by an individual or individuals:
(a) A address ................................
(b) N ationality ............................
(c) Occupation .............................
(3) If application is by a company:
(a) Principal place of business ................
(b) If principal place of business is outside the
Colony, name and address of duly authorized
agent in the Colony ......................


(c) Nature of business .......................
(d) Names of directors Nationality


(e) Names of principal Amount of
shareholders shareholding


(4) State whether an Oil Exploration Licence, an Oil
Prospecting Licence or an Oil Mining Lease is required
and whether the application is in respect of Crown
Lands or Alienated Lands or Submarine Areas ......

(5) Period for which licence or Lease is required ........
(6) Situation and approximate size of the area for which
application is m ade .............................
(7) Brief particulars of previous experience in oil pros-
pecting or oilfield development work ...............
(8) Names and qualifications of technical experts or
advisers .......................................
(9) State amount of capital for operations under the
Licence or Lease applied for-











(a) At present available .....................
(b) Which applicant can make available and the
source ..................................
(10) If the applicant is an alien or a company incorporated
outside Her Majesty's dominions state full particulars
of the company incorporated by the applicant in ac-
cordance with section 10 of the Act, including particu-
lars similar to those specified in (3) (d) and (8) above
and the amount of capital of the company.
.. ..................................
........ ....... ..................... ..........
I/We hereby declare that all the foregoing particulars
are correct.
D ate ........................
Signature(s) of Applicant(s) ..........................

(If the applicant is a Company state capacity in which
form is signed)
SECOND SCHEDULE.
PART I. Oil Exploration Licence: as in Form annexed
Marked A.
PART II. Oil Prospecting Licence: as in Form annexed
Marked B.
PART III. Oil Mining Lease: as in Form annexed Marked
C.
Made by the Petroleum Board this 14th day of April,
1960.

R. T. SYMONETTE,

Chairman.
Approved by the Governor in Council this 23rd day of
April, 1960.
A. G. KNOX-JOHNSTON,

Clerk to the Executive Council.










FORM A.
OIL EXPLORATION LICENCE.

BAHAMA ISLANDS.

THIS INDENTURE made the day of
19 BETWEEN The Petroleum Board
established under the Act acting for and on behalf of the
Government of the Colony (hereinafter referred to as the
Board) of the one part AND




(hereinafter referred to as the "Licensee") of the other part.

WHEREAS the Licensee in accordance with the con-
ditions laid down in the Act and in the Regulations made
thereunder in force at the date hereof for the granting of
oil exploration licences has applied to the Board for an Oil
Exploration Licence in respect of the lands and/or submarine
areas referred to in the Schedule marked "A" hereunder
written (hereinafter referred to as the licenced area) and
has entered into a Bond in the form set out in the Schedule
marked "B" hereunder written with the Treasurer in the
sum of
conditioned for the due and faithful carrying out of the
provisions contained in this Indenture.

NOW THIS INDENTURE WITNESSETH AS FOLLOWS:
1. In consideration of the sum of which
Fee has before the execution hereof been paid by the Licensee
to the Treasurer on behalf of the Board the sole right and
licence is hereby granted by the Board to the Licensee for
the term of two years from the date hereof with the right
of renewal as hereinafter provided subject to the rights of
surface owners and subject to the restrictions conditions
and provisions hereinafter contained to explore and search
the surface of the licenced area for petroleum and for that
purpose to make geological geophysical and topographic
examinations and to dig and turn up the surface of any of
the licenced area, drill geological information boreholes










which shall not except with the consent of the Board exceed
a depth of five hundred feet. Reserving nevertheless to the
Governor full power and liberty at all times to enter into
and upon and to grant or demise to any persons whomsoever
liberty to enter into and upon the licenced area for all and
every purpose other than that for which this Licence is
granted but subject to the rights of the Licensee under this
Licence.

Right to erect and dismantle huts, etc.
2.-(a) Subject to the rights of surface owners the
Licensee may erect, bring, set up and make in upon through
or over the licenced area such temporary huts, sheds, piers,
derricks, machinery and all other installations chattels and
effects as shall be proper and necessary for effectually carry-
ing on the operations hereby licensed and subject as afore-
said the Licensee shall be entitled at any time to dismantle
and remove the same.
(b) The Licensee may import into the Colony and take
out of bond at any warehouse port therein without payment
of customs duties, war tax, or any other tax, all plant,
machinery, tools and equipment which are peculiar to and
necessary for the purposes of exploring for, prospecting for
or mining petroleum on proof being given to the satisfaction
of the Comptroller of Customs that the said plant, machinery,
tools and equipment are to be used for the purposes aforesaid
and for no other purpose.

3. The Licensee shall not utilize the surface of the fore-
shore lying between the high water mark line fixed by the
Board and the low water mark at ordinary spring tides
for any purpose other than for passage over and across
and for the construction, maintenance and use of roads, piers,
docks and other facilities required for its operation here-
under unless and until the approval of the Board (which
shall not be unreasonably withheld) is first obtained.

4. The Licensee shall before commencing any opera-
tions in the licenced area furnish to the Board the name and
address in the Colony of the Resident Manager under whose
supervision such operations are to be carried on. Any notice
which the Board or any person authorized by the Board is
in accordance with the terms of this Licence required or










entitled to serve upon the Licensee shall be sufficiently served
if the same shall be delivered or sent by post to such Resident
Manager at such address.
Working Obligations.
5. The Licensee shall with all reasonable despatch
commence to examine geological and/or by geophysical
methods the licenced area and shall during the subsistence
of this Licence continue with due dilligence to carry out such
geological and/or geophysical work as may be necessary to
determine the structure of the licenced area.
Indemnity.
6.- (1) All excavations or borings which may have been
made on any lands included in the licenced area during the
subsistence of this Licence shall, unless the Board otherwise
determines be filled up, and so far as feasible the surface of
such land shall be restored to its condition prior to such exca-
vations or borings, and the Licensee shall indemnify the Board
against all claims and demands which may be made by any
surface owner for damage shown to result from the exercise
by the Licensee of the powers hereby conferred, provided that
this sub-clause shall not apply to any of the licenced area
included in any Oil Prospecting Licence which the Licensee
may obtain pursuant to the provisions of this Licence.
(2) All buildings, piers, derricks, machinery and
other installations erected set up and made in upon through
or over the licenced area during the subsistence of this
Licence shall unless the Board otherwise determines be re-
moved and the area restored so far as feasible to its condition
prior to the commencement of the operations under this
Licence, provided that this sub-clause shall not apply to any
of the licenced area included in any Oil Prospecting Licence
which the Licensee may obtain pursuant to the provisions
of this licence.
(3) The Licensee shall indemnify the Board against
all claims and demands which may be made by any surface
owner for damage shown to result from the exercise of the
powers hereby conferred on the Licensee.
Reports.
7. The Licensee shall furnish the Board at such time
as the Board may appoint during the term hereby granted
oi any renewal thereof a quarterly report (which the licensee










hereby undertakes to have prepared) indicating the progress
of the operations under this Licence in and upon the licenced
area and containing a map, on a scale to be agreed between
the Board and the Licensee, which shall show the true
topographic position of any part or parts of the licenced
area geologically or geophysically surveyed examined or
mapped. The quarterly report and map shall include full
particulars of the geological and/or geophysical work per-
formed, the location and depth of any boreholes drilled and
of any discovery or indication of petroleum or petroleum
bearing strata and of any mineral of commercial value other
than petroleum. All such information so supplied by the
Licensee shall (except with the consent in writing of the
Licensee, which shall not be unreasonably withheld) be
treated by the Board as confidential, but the Board shall
nevertheless be entitled at any time to make use of any in-
formation received from the Licensee for the purpose of
preparing and publishing aggregated returns and general
reports on the extent of oil prospecting or oil mining opera-
tions in the Colony and for the purposes of any arbitration
or litigation between the Board and the Licensee.

Samples of petroleum.
8. The Licensee may remove any specimens or samples
of petroleum found by it in or upon the licenced area in the
course of its operations under this licence, but shall furnish
the Board as soon as possible with full information of all
such specimens and samples so removed and shall upon de-
mand made within 60 days of the receipt by the Board of
such information provide the Board with such representative
specimens and samples as may be required, not exceeding one
half of any individual specimen or sample so removed by
the Licensee and the Board shall be entitled to retain any
specimen or samples so delivered.

Formation of company by Licensee.
9. The Licensee shall not directly or indirectly form
or endeavour to form or procure or permit to be formed any
company syndicate or association incorporated or not in-
corporated nor appeal publicly by means of a prospectus
or otherwise for money for the purpose of exploiting the
licenced area or any portion thereof without the permission
in writing of the Board to be obtained on its being satisfied










that the licenced area or portion thereof has been thoroughly
and efficiently examined geologically or by geophysical
methods.
Consent to Assignment.
10. If the applicant is an alien or a company incorporat-
ed outside Her Majesty's dominions state full particulars of
the company incorporated by the applicant in accordance
with section 10 of the Act, including particulars similar to
those specified in (3) (d) and (8) above and the amount
of capital of the company.
Assignment of Licence.
11. Subject to the provisions of clause 10 hereof the
Licensee shall not assign this licence to any person other
than a company incorporated in the Colony or a company
incorporated outside the Colony which has been duly register-
ed in the Colony under the provisions of the Foreign Com-
panies Act.
Licensee ceasing to be a company incorporated in the Colony.
12. If the Licensee shall cease to be a company incor-
porated in the Colony or a company incorporated outside
the Colony and registered in the Colony under the provisions
of the Foreign Companies Act, it shall inform the Board
accordingly and apply to the Board for consent to an assign-
ment of the rights granted by this licence, in accordance
with the provisions of clauses 10 (Consent to assignment)
and 11 (Assignment of licence) hereof and in the event of
the Licensee failing to obtain such consent within such time
as the Board may in its discretion appoint, the Board may
revoke this Licence. The revocation of this Licence in
pursuance of the foregoing provisions of this clause shall be
subject and without prejudice to any obligation imposed
by or any liability theretofore incurred under the terms and
conditions hereof.
Special Clause.
13. The Licensee shall have a manager residing in the
Colony who shall be a British subject.

Reciprocity.
14. This Licence shall be determined if the Licensee
shall be or become controlled directly or indirectly by a
national of or by a company incorporated in any country










the laws and customs of which do not permit British subjects
or companies incorporated in Her Majesty's dominions or
companies incorporated in that country controlled directly
or indirectly by British subjects or by companies incorporated
in Her Majesty's dominions to acquire hold and operate
petroleum concessions on conditions which in the opinion of
Her Majesty's Principal Secretary of State for the Colonies
are reasonably comparable with the conditions upon which
such rights are granted to nationals of that country with the
addition of conditions corresponding to those imposed by
this Clause and the immediately preceding Clause hereof.

Release of lands, etc. included by inadvertence.
15. In the event of the inclusion by inadvertence in the
said Schedule marked "A" of any lands or submarine areas
over which it may subsequently be proved that the Govern-
ment are not entitled to the oil rights, or of lands or sub-
marine areas in respect of which the oil rights have already
been granted to other companies, the Licensee shall immedi-
ately release any such lands or areas when required to do
so by the Board.

Exclusion of lands etc. for public purposes etc.
16. Notwithstanding the rights conferred on the Licensee
under this Licence the Board shall have power at any time
to reserve from the licenced area any lands or submarine
areas which may from time to time be required for villages,
new villages, village extensions, water reserves, navigation,
ports, whares or for public fisheries or any other public pur-
pose, provided that during the subsistence of this Licence, the
area or areas so reserved shall not exceed in all 5% of the
total square miles of land included in this Licence or 2% of
the total square miles of submarine area included in this
Licence and provided further that if the Licensee shall satisfy
the Board that the reservation of such lands or areas will
interfere with any of its proposed operations the Licensee
shall have the right to indicate other lands or areas from
which the said 5% and 2% of the total square miles can be
selected with the least interference to its operations. The
Licensee shall not unnecessarily interfere with the free access
to all parts of the submarine area included in this Licence
by all surface craft of any description for the purpose of
public fisheries except over and in the immediate vicinity










of any part of the said area where operations of the Licensee
under this licence are in actual progress; nor by its opera-
tions under this Licence unduly obstruct or interfere with
the use for navigation by surface craft of any description
of any recognized and established channel between islands
or over the submarine areas included in this Licence.

Power of revocation.
17. If the Licensee shall at any time refuse or neglect
to observe or perform any of the terms and conditions of
this Licence the board may by notice in writing signed by
the Chairman and served upon the Licensee summarily
declare that the Licence hereby granted shall thenceforth
determine and the Licence and all rights and liberties con-
ferred hereby or enjoyed hereby or hereunder shall forthwith
determine without prejudice to the rights and remedies of
the Board in respect of any prior breach or non-performance
of any or all of the terms and conditions hereof on the part
of the Licensee. Provided always that the aforesaid power
shall not be exerciseable unless and until written notice has
been given to the Licensee specifying the particular breach
complained of and if the Breach is capable of remedy, re-
quiring the Licensee to remedy the breach and, if the breach
is incapable of remedy, requiring the Licensee to make fair
and reasonable compensation in money for the breach, the
Licensee fails, within a reasonable time to commence and
thereafter proceeds diligently to remedy the breach if it is
capable of remedy, or to make fair and reasonable compensa-
tion in money, to the satisfaction of the Board, for the breach
if it be incapable of remedy.

Renewal.
18. Provided that the Licensee has complied with the
provisions and conditions herein contained the Board shall
on an application made in that behalf by the Licensee on
three months' notice in writing grant a renewal of this Li-
cence in respect of the whole of the licenced area or such
part or parts thereof as may be selected by the Licensee for
a further term of twelve months subject to the payment by
the Licensee of twice the sum mentioned in Clause I hereof
or an apportioned part thereof based upon the proportion
which the area retained bears to the area originally licensed
hereby.










Right of Licensee to oil prospecting Licence.
19.-(1) (a) On or before the expiration of this Licence
or any renewal thereof the Licensee having paid the rent
and having observed and performed the terms and conditions
herein contained shall have the right to an Oil Prospecting
Licence or Licences in respect of all or any part or parts of
the licenced area as the Licensee may select.
(b) Each such Oil Prospecting Licence shall be
of such size and in respect of such land or lands and/or sub-
marine area or areas (not exceeding two hundred square
miles of lands and/or submarine areas in extent) as may
be determined by the Licensee and shall be of such a shape
as to comply with the Regulations in force at the date of
this Licence;
(c) The form of each such Oil Prospecting
Licence shall be in the form hereunto annexed as Exhibit B.
(2) (a) On or before the expiration of any Oil
Prospecting Licence granted under the provisions of Sub-
Clause (11 of this Clause (or any renewal or renewals there-
of) the Licensee having paid the rents and royalties due and
having observed and performed the terms and conditions
contained in such Oil Prospecting Licence shall have the
right to an Oil Mining Lease or Leases in respect of all or
any part or parts of the said lands and/or submarine areas
comprised in such Oil Prospecting Licence as the Licensee
may select;
(b) Each Oil Mining Lease shall be of such
size and in respect of such land or lands and/or of such sub-
marine area or areas (not exceeding one hundred square
miles of lands and submarine areas nor less than four square
miles of lands and/or submarine areas in extent) as may be
determined by the Licensee and shall be of such a shape as
to comply with the Regulations in force at the date of this
Licence;
(c) Each such Oil Mining Lease shall be in the
form hereunto annexed as Exhibit C.
Force Majeure.
20.- (1) Failure on the part of the Licensee to fulfill any
of the terms and conditions of this Licence shall not give
the Board any claim against the Licensee or be deemed a
breach of this Licence insofar as such failure arises from
17










force majeure and if through force majeure the fulfilment
by the Licensee of any of the terms and conditions of this
Licence be delayed the period of such delay shall be added
to the periods fixed by this licence.
(2) In this Clause the expression "force majeure"
includes any act of God, war, or conditions arising out of
or attributable to war, insurrection, riot, civil commotion,
strikes, lock-outs, tide, storm, tidal wave, flood, lightning,
explosion, fire, earthquake, inability to obtain necessary
material, equipment or labour, and any other happening
which the licensee could not reasonably prevent or control.

Arbitration.
21. If at any time during the continuance of this Licence
or any renewal thereof or after the determination thereof
any question or dispute shall arise regarding this Licence
or any matter or thing connected herewith or the powers,
duties, obligations or liabilities of the Licensee hereunder
then and in all such cases the matter in difference shall be
referred to arbitration in accordance with the provisions of
The Arbitration Act or any Act passed in amendment thereof
or substitution therefore.

Marginal notes.
22. The marginal notes are for convenience only and do
not form part of this licence.

Interpretation.
23. For the purposes of this Licence:-
(1) "Licensee" means a company to which an oil
exploration licence is granted and its assigns;
(2) "petroleum" includes any mineral oil or relative
hydrocarbon and natural gas existing in its natural con-
dition in strata and bitumen and asphalt but does not include
coal or bituminous shales or other stratified deposits from
which oil can be extracted by destructive distillation;
(3) "Her Majesty's dominions" shall be deemed to
include British Protectorates and protected States and ter-
ritories in respect of which a Mandate on behalf of the
League of Nations or Trusteeship under the United Nations
has been accepted by Her Majesty;










(4) "British subjects" shall be deemed to include a
person under Her Majesty's protection.
(5) "Governor" has the meaning assigned to it by The
Interpretation Act being Chapter 1 of the Revised Laws of
the Bahama Islands.
(6) "Act" means The Petroleum Act and any amend-
ment thereof in force at the date of this Licence.
(7) "Regulations" means the Regulations made under
the Act in force at the date of this Licence.
IN WITNESS WHEREOF the Board and the Licensee
have caused their Common Seals to be hereunto affixed the
day and year first herein above written.










SCHEDULE A.


PART I.

All those lands and/or submarine areas coloured green
on the attached plan, situated in




and having a total area of

or thereabouts.










SCHEDULE B.


BOND IN RESPECT OF OIL EXPLORATION LICENCE.
(Crown and Alienated Lands and Submarine Areas.)
KNOW ALL MEN BY THESE PRESENTS THAT WE



of



and


of
are held and firmly bound to the Treasurer of the Colony and
his Successors in Office in the sum of

pounds of good and lawful money of the Colony to be paid to
the said Treasurer and his Successors in Office for which
payment to be well and truly made we bind ourselves and
each of us and our assigns jointly and severally by these
presents.


Dated this


day of


WHEREAS by Indenture of even date herewith and
made between The Petroleum Board of the one part and the
said

of the other part the sole right and licence was granted to
the said

to explore and search the surface of those lands and/or sub-
marine areas described in Schedule A to said deed and de-
lineated in the plan attached to the said deed for petroleum
and for that purpose to make geological, geophysical and
topographic examinations and to dig and turn up the surface










of the licenced area and drill geological information bore-
holes, subject to the terms conditions and covenants therein
contained.

AND WHEREAS the said


hath agreed to become surety for the due performance by
the said
of all and several the covenants matters and things under
the said deed to be by him performed and done.

NOW the condition of the above-written bond or obliga-
tion is such that if the said

shall well and turly observe and perform all and every the
covenants and agreements by it to be observed and performed
as hereinbefore mentioned and shall in a proper and work-
manlike manner do all and every the acts matters and things
by it to be done under the said deed to the satisfaction of the
Board for the time being THEN the above-written bond or
obligation shall be void or otherwise the same shall remain
in full force and effect.










FORM B.


OIL PROSPECTING LICENCE.

BAHAMA ISLANDS.

THIS INDENTURE made the day
of 19
BETWEEN The Petroleum Board established under the
Petroleum Act acting for and on behalf of the Government
of the Colony (hereinafter referred to as the Board) of the
one part AND





(hereinafter referred to as the "Licensee") of the other part.

WHEREAS the Licensee is entitled to an Oil Prospect-
ing Licence pursuant to Clause 19 of the Oil Exploration
Licence granted to the Licensee by the Board on the
day of 19 and has applied to the
Board for the said Oil Prospecting Licence in respect of the
lands and/or submarine areas referred to in the Schedule
marked "A" hereunder written (hereinafter referred to as
"the licenced area") and has entered into a bond in the form
set out in the Schedule marked "B" hereunder written with
the Treasurer in three times the amount of the annual rent
hereinafter reserved and conditioned for the due and faithful
carrying out the provisions contained in this deed.

AND WHEREAS the Board is satisfied that the Li-
censee has observed and performed the terms and conditions
contained in the said Oil Exploration Licence.

NOW THIS INDENTURE WITNESSETH AS
FOLLOWS:-
In pursuance of the aforesaid agreements and in con-
sideration of the rents, royalties, covenants and agreements
hereinafter reserved and contained on the part of the Li-
censee to be paid and observed the Board doth hereby grant










unto the Licensee the sole right and licence (subject to the
provisions of the Crown Grants relating to any Alienated
lands included in the licenced area and subject to the restric-
tions and provisions hereinafter contained) :
(1) to enter upon the licenced area and to search bore
for win and work all or any petroleum lying or
being within under or throughout the licenced area
without any interruption claim or disturbance
from the Board or any person or persons whom-
soever save as may be provided by the said Act or
by the Regulations;
(2) to carry away and dispose of the produce thereof
to and for the use and benefit of the Licensee;
(3) for the purposes aforesaid to clear undergrowth
and brushwood and (with the sanction of the Board
previously obtained in writing which shall not be
unreasonably withheld) to make upon any lands
included in this Licence any roads necessary for
effectually carrying on the prospecting operations
hereby licensed;
(4) subject to the approval of the Board to appropriate
and use for the purposes aforesaid the water upon
or within any of the Licenced area and to collect and
impound the same for such purposes but so that in
the exercise of this privilege the Licensee shall not
deprive any lands, villages, houses or watering places
for cattle of a reasonable supply of water as here-
tofore accustomed;
(5) to erect set up and make bring in upon through or
over the licenced area all such temporary huts, sheds
and structures, piers, piles, derricks, engines, ma-
chinery and conveniences chattels and effects as in
the opinion of the Licensee shall be proper and neces-
sary for effectually carrying on the prospecting
operations hereby licensed and subject to the ap-
proval of the Board to enclose with a fence any
lands occupied by the aforesaid construction pro-
vided that such fence does not interfere with exist-
ing or projected rights of way or roads.
Exemption from duty.
(6) The licensee may import into the Colony and take
out of bond at any warehouse port therein without
payment of customs duties, war tax, or any other










tax, all plant, machinery, tools and equipment which
are peculiar to and necessary for the purposes of
exploring for, prospecting for or mining petroleum
on proof being given to the satisfaction of the
Comptroller of Customs that the said plant, ma-
chinery, tools and equipment are to be use for the
purposes aforesaid and for no other purpose.
(7) to do all such other acts and things and to carry out
all such other works and conveniences as may in the
opinion of the Licensee be necessary or convenient
to effectually carry out the operations hereby li-
cenced.
Provided that the Licensee shall not utilize the surface
of the foreshore lying between the high water mark line
fixed by the Board and the low water mark at ordinary
spring tides for any purpose other than for passage over and
across and for the construction maintenance and use of roads,
piers, docks, pipelines and other facilities required for its
operations, unless and until the approval of the Board (which
shall not be unreasonably withheld) is first obtained.
Reserving nevertheless to the Governor or any other
person authorized by him in that behalf full liberty and
power at all times (a) to enter into and upon the licenced
area for all or every purpose other than those for which this
Licence is issued but subject to the rights hereby conferred
and particularly (and without hereby in .-y way qualifying
such general power and liberty) to make on over or through
the licenced area such roads tramways railways telegraph
and telephone lines and pipe lines as the case may be as
shall be considered necessary or expedient for any purpose
and to obtain from and out of the licenced area such stone
earth timber or other material as may be necessary or re-
quisite for making repairing or maintaining such roads
tramways, railways, telegraph and telephone lines and pipe
lines over and along the licenced area and such roads, tram-
times over and along the licenced area ana such roads, tram-
ways, railways and pipe lines for all purposes as occasion
shall require and (b) to search for, dig, work and get any
minerals or substances other than petroleum upon or under
the licenced area.
Provided always that the said reserved liberties and
powers shall be exercised and enjoyed in such a manner as
not to hinder or interfere with the rights and privileges of










the Licensee under these presents, and provided also that
fair and proper compensation shall be paid by the Governor
or the Board as the case may be for all expense, loss, damage
or injury which the Licensee may sustain or be put to by
reason or in consequence of the exercise of the said reserved
liberties and powers, the amount of such compensation to
be settled in case of difference by reference to arbitration
as provided in Clause 44 (Arbitration) hereof.

Notwithstanding the liberties and powers hereby con-
ferred and the rights and obligations arising hereunder the
Licensee shall not exercise any of the said liberties and
powers over any particular parcel of land included in the
licenced area the title to which is vested in private ownership
unless and until permission in writing so to do shall first
have been obtained by the Licensee from the Board which
shall grant such permission upon proof of its satisfaction
by the Licensee that (a) the Licensee has entered into an
agreement with the owner or owners of such parcel of land
for payment of compensation to such owner or owners for
and in respect of any damage which may be caused or done
to the surface of such parcel or to any cultivation or build-
ing thereon by reason of the exercise by the Licensee of all
or any of the liberties, powers and privileges hereby granted
or (b) the Licensee has made reasonable efforts to arrive at
such an agreement but has failed to do so through no fault
attributable to it or (c) the Licensee is unable to enter into
such an agreement by reason of the fact:-
(a) that the persons with power to grant the right are
numerous or have conflicting interests or cannot be
ascertained or are residing out of the Colony or
cannot be found or unreasonably refuse to grant it
or demand terms which, having regard to the cir-
cumstances, are unreasonable; or
(b) that the persons from whom the right must be ob-
tained or any of them have not the necessary powers
of disposition, whether by reason of defect in title,
legal disability or otherwise.

Term.
TO HOLD AND ENJOY the said rights licence and
other the premises hereby granted unto the Licensee for the
term of four years from the date hereof, with right of










renewal as hereinafter provided, rendering and paying free
and clear from all rates, taxes, charges and deductions the
several rents royalties hereinafter specified.

Certain yearly rent.
1.-(1) The Licensee shall pay to the Treasurer on be-
half of the Board during the term hereby granted or any
renewal thereof a certain yearly rent as hereunder specifi-
ed:-
(a) in respect of each year of the said term the
certain rent of 5/-; and
(b) in respect of each year of the renewal of the
said term the certain rent of 10/-;
for each square mile comprised in the licenced area to the
intent nevertheless that the certain yearly rent payable for
each year of the said term shall not be less than 10 and
that the certain yearly rent payable for the renewal of the
said term shall not be less than 20.
(2) Payment of the certain yearly rent reserved
by this Licence shall be made annually in advance and the
first payment of the sum of
in respect of the first year of the term hereby granted (the
receipt whereof is hereby acknowledged) has been made
on or before the execution of this Licence.

Refund of certain yearly rent on determination or surrender.
2.-(1) Upon the determination by the Licensee of the
term hereby granted or any renewal thereof or upon the sur-
render by it of the rights granted by this Licence in respect
of any part or parts of the Licenced area or upon the grant
of an oil mining Lease in respect of any part or parts of
the licenced area the Board will refund to the Licensee an
apportioned part of any certain yearly rent paid by the
Licensee in advance in respect of the licenced area or any
such part or parts thereof for a period the whole of which
has not expired at the date of such determination or surrender
or grant.

Release.
(2) Upon the release by the Licensee of any of the
licenced area under the provisions of Clause 11 (Release of
areas included by inadvertence in the licensed area) hereof










the Board will refund to the Licensee all of the yearly rent
paid by the Licensee during the term hereby granted in re-
spect of the part or parts of the licenced area so released pro-
vided that in respect of any year the amount remaining of the
certain yearly rent after the said refund shall not be less
than the amount of royalties payable in respect of any such
year under the provisions of Clause 3 (Royalty) hereof.

Royalty.
3. The Licensee shall pay to the Treasurer on behalf of
the Board within 60 days after the end of each calendar
quarter year period of the term hereby granted or any re-
newal thereof the royalties hereunder specified:-
(a) on crude oil won and saved twelve and one-half
per centum of the selling value thereof;
(b) on casinghead petroleum spirit won and saved
121/2 per centum of 60 per centum of the selling
value thereof when the yield does not exceed two
Imperial gallons per 1000 cubic feet of gas treated
and 121/2 per centum of 100 per centum of the sell-
ing value thereof when the yield exceeds two Im-
perial gallons per one thousand cubic feet of gas
treated;
(c) on natural gas twelve and one-half per centum
of the selling value of actual sales thereof: Provided
that in respect of any natural gas sold to other per-
sons holding oil prospecting licences or oil mining
leases in the Colony for re-presurring the natural
oil reservoirs the rate of royalty shall be reduced to
one-half of the rate specified in this sub-clause;
The selling value of crude oil as aforesaid shall be
the selling value thereof at the well head. The sell-
ing value of casing head petroleum spirit as afore-
said shall be the selling value thereof at the place
of its extraction. The selling value of actual sales
of natural gas as aforesaid shall be the actual sales
price received by the Licensee from the sale of the
natural gas.

In ascertaining the amount of royalties payable under
this Clause the Licensee shall be entitled to deduct from the
quantity of crude oil and casinghead petroleum spirit won
and saved, the quantity, ascertained according to a method
approved by the Board, of any oil or products thereof or of










casinghead petroleum spirit used during such period by the
Licensee for the purpose of carrying on drilling and produc-
tion operations and pumping and transporting to field stor-
age, and refineries.
Provided that from the amount of royalties payable under
the foregoing provisions of this Clause in respect of any
calender quarter year period or periods there shall be deduct-
ed the amount of the certain yearly rent actually paid in
respect of the same calendar year under the provisions of
Clause 1 (Certain Yearly Rent) hereof.
Provided further that the selling value of any crude oil,
natural gas or casinghead petroleum spirit shall be such value
as may be determined by mutual agreement between the
Board and the licensee or failing agreement by arbitration
in accordance with the provisions of Clause 44 (Arbitration)
hereof.
Measurement of Petroleum obtained from the licenced area.
4.-(1) The Licensee shall measure or weigh by a
method or methods customarily used in good oilfield practices
and from time to time approved by the Board-
(a) all crude oil and casinghead petroleum spirit
won, saved and removed from the licenced area; and
(b) all natural gas sold from the licenced area;
during the term hereby granted or any renewal thereof.
(2) The Licensee shall give to the Board one day's
notice in writing counting from the date of posting the same
of its intention to measure and weigh in accordance with
the foregoing provisions of this Clause in order that the
Board may appoint some person or persons on its behalf to
be present at such measuring or weighing and attend to the
proper conduct thereof and no petroleum shall on any account
be taken away from the licenced area until the same shall
have been so measured or weighed as the case may be. Pro-
vided that the Licensee shall be free to remove and take away
any petroleum notice of the measurement and weighing of
which has been duly given by it in writing to the Board if
within one day of the receipt of such notice no steps are taken
by the Board to verify the same.
(3) If any measuring or weighing appliance shall
at any time be found to be false or unjust the same shall, if
the Board so determines after considering any representa-










tions in writing made by the Licensee, be deemed to have
existed in that condition during the period of three months
prior to the discovery thereof or the period elapsed since the
last occasion upon which the same was examined or tested,
whichever shall be the less, and accordingly the royalties
payable in respect of such period shall be adjusted.
(4) The Licensee shall not make any alteration in
the method or methods of measurement or weighing used by
it or any appliance used for that purpose without first in-
forming the Board and the Board may in any case require
that no alteration shall be made save in the presence of an
officer authorized by the Board.

Keeping of Accounts.
5. The Licensee shall keep full and correct accounts in
a form from time to time approved by the Board of:-
(a) all crude oil and casinghead petroleum spirit
won and saved and removed from the licenced area; and
(b) all natural gas sold; and
(c) the quantity of crude oil or products thereof or
casinghead petroleum spirit used for drilling or production
operations or pumping to field storage, or refineries and shall
at such time during the term hereby granted or any renewal
thereof as the Board may determine deliver to the Board an
abstract in a form from time to time approved by the Board
of the accounts for each such year together with a state-
ment in the like form of all royalties payable in respect of
each such period.
Working Obligations.
6.-(1) During the subsistence of this Licence the Li-
censee shall with due diligence carry out such geological
and/or geophysical surveys and examinations of the licensed
area and do such testing of the said lands and areas by means
of the drill or trial borings as in the judgment of the
Licensee may be necessary for the purpose of arriving at the
petroleum producing prospects of the same and shall in this
respect give due regard to the reasonable wishes of the Board.
(2) The Licensee within four years from the com-
mencement of the term of this Licence shall commence drill-
ing operations with a modern oil well drilling outfit capable
of reaching a depth of at least 10,000 feet, or such lesser










depth as may be agreed upon by the Board and Licensee,
upon a site selected by the Licensee within the licenced area
and shall thereafter with due diligence continue drilling
such well until oil or gas is discovered therein or until such
well shall have been drilled to a depth at which further
drilling in the opinion of Licensee would be unprofitable or
unjustified.
(3) In the event Licensee shall drill a well as pro-
vided in (2) of this Clause and shall abandon such well as
unproductive of oil or gas, Licensee within six months from
the date of abandonment of the such well shall commence
drilling operations for a second well with a modern oil well
drilling outfit capable of reaching a depth of at least 10,000
feet, or such lesser depth as may be agreed upon by the Board
and Licensee, upon a site selected by the Licensee on the
licenced area and shall thereafter with due diligence continue
drilling such well until oil or gas is discovered there or until
said well has been drilled to a depth at which further drill-
ing in the judgment of Licensee would be unprofitable or
unjustified and Licensee shall continue during the remainder
of the term of this Licence or any renewal thereof to conduct
drilling operations with one drilling outfit of the kind afore-
mentioned at locations on the licenced area selected by the
Licensee and with an interval of not more than six months
between the abandonment of one well and the commencement
of drilling operations for the next well and drill such wells
subject to the same provisions as govern the drilling of the
first well until oil or gas is discovered on the licenced area.
(4) If prior to the expiration of four years from the
date of the commencement of the term of this licence, Licensee
shall drill and abandon as unproductive of oil or gas any
well or wells located upon the licenced area, the obligation
to commence operations for the drilling of an additional well
as provided in (3) of this Clause shall be deferred until
six months from the expiration of such four year period.
(5) If at the expiration of a period of four years
from the date of the commencement of the term of this
licence Licensee is engaged in the drilling of a well on a
licenced area, and such well is subsequently abandoned as
unproductive of oil or gas, the obligation to commence drill-
ing operations on an additional well as provided in (3) of
this Clause shall be deferred until six months from the date
of abandonment of such well.










(6) In the event Licensee during the term of this
Licence or any renewal thereof shall hold in addition to this
licence another or other Prospecting Licences issued pursuant
to the Act, then and in such event all such Prospecting Li-
cences so held by Licensee shall for the purpose of construing
Licensee's obligations under (2), (3), (4) and (5) of this
Clause be deemed and construed to constitute a single Pros-
pecting Licence and the conduct by Licensee of drilling
operations, as hereinabove in (2), (3), (4) and (5) of this
clause provided, on this Licence or on any other Prospecting
Licence or Licences held by Licensee shall constitute complete
compliance by Licensee with the drilling obligations imposed
by each and every such Prospecting Licence.

(7) Drilling operations as referred to in this Clause
shall mean the moving of the drilling outfit to the drilling
location, the erection of such drilling outfit and the con-
struction or erection of necessary drilling facilities followed
by the actual operation of boring in the ground, provided,
however, that if any drilling location selected by Licensee
shall be in a swamp, overflowed or submarine area drilling
operations as referred to in this Clause shall mean the com-
mencement of erection or construction of a pier, piles, cais-
sons. artificial island or other structure to serve as a platform
or base for the drilling outfit followed by the other operations
hereinabove set forth. All operations herein provided for
shall be conducted with reasonable diligence and in accord-
ance with generally accepted oilfield and engineering prac-
tices.

(8) Determination of this Licence as provided in
Clause 17, 19, 38 or 40 shall extinguish any and all obliga-
tions imposed on Licensee by (2), (3) and (4) of this Clause.

(9) If in the opinion of the Board a geological struc-
ture or stratigraphic trap favourable for the accumulation
of oil and gas, hereinafter referred to as geological structure,
shall be covered in part by this Licence and in part by an
Oil Prospecting Licence or Licences granted by the Board to
other Licensee or Licensees and if Licensee hereunder and
such other Licensee or Licensees shall drill a well or wells
on such geological structure with each such Licensee contri-
buting to the cost and expense thereof, such well or wells
whether or not located on lands or sub-marine area included










in this Licence shall for the purpose of construing this Clause
6 be deemed to be and to have been located and drilled in
the lands or submarine areas covered by this Licence.

Resident Manager.
7. The Licensee shall before commencing any opera-
tions in the licenced area furnish to the Board the name and
address in the Colony of its Resident Manager under whose
supervision such operations are to be carried on. Any notice
which the Board or any person authorized by it is in accord-
ance with the terms of this Licence required or entitled to
serve upon the Licensee shall be sufficiently served if the
same shall be delivered or sent by post to such Resident
Manager at such address.

Furnish Board with copies of agreements entered into with
surface owners.
8. The Licensee shall furnish the Board with copies
of all conveyances leases assignments agreements and deeds
with surface owners relating to surface rights in and over
the licenced area or any estate or interest therein and to
which the Licensee is a party.

Compensation.
9. The Licensee shall pay fair and reasonable compen-
sation for all damage or injury to the property and rights of
other parties which may be done by it, its agents and servants
in the exercise of the liberties and powers conferred by this
Licence.

Indemnity against third party claims.
10. The Licensee shall at all times indemnify and keep
harmless the Board and every Officer of the Board against
all actions, costs, charges, claims and demands whatsoever
which may be awarded by a court of competent jurisdiction
to any third party in relation to or in connection with this
Licence or any matter or thing done or purported to be done
by Licensee in pursuance of this Licence. Provided that the
provisions of this clause shall not be applicable to any act
matter or thing performed by Licensee at the request or
upon the demand of the Board or any officer of the Board
which in the opinion of Licensee is inappropriate, undesir-
able or hazardous.










Release of areas included by inadvertence in the licensed areas.
11. In the event of the inclusion by inadvertence in the
said Schedule marked A of any lands or submarine areas
in respect of which the oil rights have already been granted
to other companies the Licensee shall immediately release
any such lands or areas when required to do so by the Board.

Reservation of areas for public purposes, etc.

12.-(1) Notwithstanding the rights conferred on the
Licensee under this licence, the Board upon giving three
months' written notice to the Licensee shall have power at
any time to reserve from operations under this Licence any
lands or submarine areas which may from time to time be
required for villages, new villages, village extensions, water
reserves, navigation ports wharves or for public fisheries or
any public purpose whatsoever, provided that during the sub-
sistence of this Licence or any renewal or renewals thereof
the area so reserved shall not exceed in all one per cent of
the total square miles of lands included in this Licence or
one per cent of the total square miles of submarine area in-
cluded in this Licence provided also the reservation of any
lands or submarine areas upon which any active operations
such as well-drilling, road construction, waterworks and/or
other work relating to the winning of petroleum have pre-
viously been commenced or are in progress shall not be re-
quired but in lieu thereof an equal area or areas upon which
active operations aforementioned have not already been
commenced or are not at the time being in progress may be
reserved provided further that if the Licensee shall satisfy
the Board that the reservation of any such selected lands or
areas will interfere with or impede its operations or proposed
operations the Licensee shall have the right to indicate and
offer proof as to the availability of other lands or submarine
areas from which the said percentages may be selected; and
provided further that the reservation of any lands or areas
shall not prevent or prejudice the right of the Licensee to
search bore for win and work all or any petroleum lying or
being within under or throughout the said lands and areas
so reserved and to carry away and dispose of the produce
thereof to and for the use and benefit of the Licensee.

(2) Where any lands or submarine areas have been
reserved from this licence pursuant to sub-clause (1) of










this clause, the licensee shall carry out all operations neces-
sary to search bore for win and work any petroleum lying or
being within under or throughout the said lands and sub-
marine areas so reserved in such manner as to cause the
least disturbance necessary having regard to the purposes
for which such lands or submarine areas were reserved, and
upon completion of such operations shall remove from such
reserved lands or submarine areas all unnecessary works,
and shall maintain all works necessary to produce, take, lead,
pipe, and carry away the aforesaid petroleum and the pro-
ducts thereof in a clean tidy and workmanlike manner.
(3) Where any lands or submarine areas have been
reserved under this Clause the Licensee shall have unrestrict-
ed right to use such lands or areas if they shall subsequently
become no longer required for the purpose for which they
were reserved.
Advertisements prospectuses, etc.
13.- (1) No statement shall be made either in any notice
advertisement prospectus or other document issued by or to
the knowledge of the Licensee, or in any other manner claim-
ing or suggesting whether expressly or by implication that
the Governor or any Government Department or the Board
or any person or body acting on behalf of any of them has
or have formed or expressed any opinion that the licenced
area is from its geological formation or otherwise likely to
contain petroleum.
(2) The foregoing provisions of this Clause or a
statement to the effect thereof shall be included in or endorsed
on any prospectus, statement in lieu of prospectus, notice,
circular advertisement or other invitation issued by or to
the knowledge of the Licensee offering to the public for sub-
scription or purchase any shares or debentures of a company
or intended company.
Notice of fresh issues of capital.
14. The Licensee shall report to the Board particulars
of any fresh issues of capital which may from time to time
be made by it and any alteration which may be made in
the Incorporation and By-Laws of the Licence.
Consent to assignment.
15. The Licensee shall not assign this Licence to any
person or persons whomsoever without the previous consent











in writing of the Board which may require as a condition of
giving such consent the assignee or assignees at its or their
expense to execute a deed of covenant to observe and perform
the convenants and conditions on the part of the Licensee in
these presents contained.

Assignment of Licence.
16. Subject to the provisions of clause 15 hereof, the
Licensee shall not assign this Licence to any person other
than a company incorporated in the Colony or a company in-
corporated outside the Colony which has been duly registered
in the Colony under the provisions of the Foreign Companies
Act.
Licensee ceasing to be British Subject.
17. If the Licensee shall cease to be a company incor-
porated in the Colony or a company incorporated outside the
Colony and registered in the Colony under the provisions of
the Foreign Companies Act, the Licensee shall inform the
Board accordingly and apply to the Board for its consent to
assignment of the rights granted by this Licence, in ac-
cordance with the provisions of clause 15 (Consent to assign-
ment) thereof and in the event of the Licensee failing to
obtain such consent within such time as the Board may in
its discretion appoint, the Board may revoke this Licence.
The revocation of this Licence in pursuance of the foregoing
provisions of this clause shall be subject and without pre-
judice to any obligation imposed by or any liability thereto-
fore incurred under the terms and conditions hereof.
Special Clause.
18.-(1) If and when the Licensee is a company incor-
porated in the Colony and mines oil in commercial quantities
from the Licensed area the Licensee shall appoint to its Board
of Directors one person nominated by the Governor-in-Council
and such person, or another person nominated in his place by
the Governor-in-Council shall be a member of such Board of
Directors for so long as oil continues to be mined by the
Licensee in commercial quantities from the Licensed area.
(2) The Licensee shall have a manager residing
in the Colony who shall be a British subject.
(3) If and when the Board shall so require, a ma-
jority of the persons employed by the Licensee in and about











land or a submarine area from which oil is being produced
in commercial quantities shall be British subjects.
Reciprocity.
19. This Licence shall be determined if the Licensee shall
be or become controlled directly or indirectly by a national
of or by a company incorporated in any country the laws and
customs of which do not permit British subjects or companies
incorporated in Her Majesty's dominions or companies in-
corporated in that country controlled directly or indirectly
by British subjects or by companies incorporated in Her
Majesty's dominions to acquire hold and operate pertoleum
concessions on conditions which in the opinion of Her Ma-
jesty's Principal Secretary of State for the Colonies are
reasonably comparable with the conditions upon which such
rights are granted to nationals of that country with the ad-
dition of conditions corresponding to those imposed by this
Clause and by Clause 18 (Special Clause) hereof.
Notifications of discovery of petroleum.
20. The Licensee shall without avoidable delay report to
the Board the discovery of petroleum or petroleum bearing
strata.
Distance of boreholes or wells from boundaries of the said lands.
21. No borehole or well shall except with the consent in
writing of the Board be drilled or made within a distance of
400 feet from the boundaries of the licenced area.
Notice of commencement of boreholes and wells.
22. No borehole or well shall be commenced and no bore-
hole or well shall be recommended after work has been dis-
continued threat for more than six months unless seven
clear days' notice in writing shall first have been given to
the Board.
Abandonment and plugging of boreholes.
23.-(1) No borehole or well shall be abandoned and no
cemented string or other permanent form of casing shall be
withdrawn from any borehole or well which it is proposed
to abandon without the prior consent in writing of the Board
such consent not to be unreasonably withheld in the case of
boreholes or wells which have become unproductive and shall
not be withheld or delayed for more than 48 hours in the
case of unproductive boreholes or wells.










(2) No casing shall be withdrawn from any bore-
hole or well which the Licensee intends to abandon unless such
borehole or well shall be securely plugged by the Licensee to
the satisfaction of the Board so as to prevent the egress of
oil or gas therefrom or the ingress and egress of water to
and from any portion of the strata bored through or from
the sea.
(3) The Board may in any case require that no
borehole or well shall be plugged or any works be executed
for that purpose save in the presence of an officer authorized
by the Board and the Board agrees to have such officer present
upon 24 hours' notice from the Licensee.
Delivering up of productive boreholes and wells, etc. in good order.
24. Within two months after the expiration or sooner
determination of this Licence or any renewal or renewals
thereof or the date of the abandonment of the undertaking
hereby licensed whichever shall first occur and without pay-
ment of any compensation in respect thereof the Licensee
shall deliver up to the Board in good order repair and con-
dition and fit for further working all productive boreholes
or wells (unless ordered by the Board to plug them as pro-
vided in the next succeeding clause and except such boreholes
and wells as shall have been previously abandoned with the
consent of the Board) which shall have been made by the
Licensee under the liberty or power in that behalf herein-
before contained together with all casings fixtures and other
appurtenances to such boreholes and wells below surface level
and which cannot be moved without causing injury to the
said boreholes and wells and all piers, piles and caissons
constructed and installed in connection with the drilling and
completion of such boreholes and wells and the Licensee shall
also fill up or fence all holes and excavations that it may
have made in any lands included in this Licence to such extent
as the Board may reasonably require and shall to the like
extent restore so far as feasible to their natural and original
condition the surface of any such lands and all buildings and
structures thereon which the Licensee may have damaged
in the course of prospecting and shall have power during
that period to enter on the licenced area for the purposes
aforesaid, subject to the rights of surface owners or others.
Provided that this Clause shall not apply to any of the licenced
area included in any oil mining lease which the Licensee may
take up under the provisions hereinafter contained.










Plugging of boreholes on determination of licence, etc.
25. Within two months after the expiration or sooner
determination of this Licence or any renewal or renewals
thereof or the date of the abandonment of the said under-
taking whichever shall first occur the Licensee shall if re-
quired so to do by the Board securely plug to the satisfaction
of the Board all boreholes and wells as provided in (2) and
(3) of Clause (23) (Abandonment and plugging of bore-
holes) hereof. Provided that this Clause shall not apply to
any of the licenced area included in any oil mining lease
which the Licensee may take up under the provisions herein-
after contained.
Removal of plant, etc.
26. Subject to the rights if any of surface owners or
others, the Licensee shal have the right to and shall upon the
expiration or sooner determination of this Licence or any
renewal or renewals thereof or the abandonment of the said
undertaking whichever shall first occur with all convenient
speed having regard to its obligations under the provisions
of Clause 25 (Plugging of boreholes on determination of li-
cence, etc.) remove all buildings, structures, engines, machin-
ery and other property and effects erected or brought by the
Licensee upon any lands included in the licenced area and re-
move in a manner satisfactory to the Pilotage Board for New
Providence all piers, piles, derricks, engines, machinery and
all other installations and other property and effects brought
by the Licensee upon the Licensed areas under the provisions
hereof save and except all such wells tubes casings or linings
and works or any portion thereof both above or below ground
as the Board may require to take at a price which failing
agreement shall be fixed by arbitration in the manner pro-
vided by Clause 44 (Arbitration) hereof or as may be re-
quired to be delivered up to the Board under the provisions
of Clause 24 (Delivering up of productive boreholes and
wells, etc., in good order) hereof. Provided that this Clause
shall not apply to any of the works or things aforesaid on
any part or parts of the licenced area for which the Licensee
shall under the provisions hereinafter contained take up an
Oil Mining Lease which may be required by the Licensee
for its operations under the lease.

Provided further that if the Licensee shall fail to plug
any such boreholes or wells in accordance with the provisions










of Clause 25 (Plugging of boreholes, etc.) or to remove any
such piers, piles, derricks, engines, machinery and other
installations and other property and effects as aforesaid
within 6 calendar months after the expiration of the term
of this licence or upon its sooner determination in respect
of the whole of the licenced area or any part or parts thereof
when so ordered it shall be lawful for the Board to have this
work carried out and all reasonable and necessary costs and
expenses incidental thereto shall be defrayed by the Licensee.

Health and safety of workers and employees.
27. The Licensee shall comply with any reasonable in-
structions from time to time given by the Board in writing
for securing the health and safety of persons employed in
or about the licenced area.

Avoidance of harmful methods of working.
28.-(1) The Licensee shall maintain all apparatus and
appliances and all boreholes and wells capable of producing
petroleum in commercial quantities in good repair and con-
dition and shall execute all operations in or in connection
with the licenced area in a proper and workmanlike manner
in accordance with methods and practice customarily used in
good oilfield practice and without prejudice to the generality
of the foregoing provision the Licensee shall take all steps
practicable in order:-
(a) to control the flow and to prevent the escape or
waste of petroleum discovered in or obtained from
the licenced area; and
(b) to conserve the licenced area for productive
operations; and
(c) to prevent damage to adjoining petroleum bear-
ing strata; and
(d) to prevent the entrance of water through bore-
holes and wells to petroleum bearing strata; and
(e) to prevent the escape of petroleum into any
water-well, spring, stream, river, lake, reservoir,
estuary or harbour; and
(f) to prevent the pollution of the coastal waters
by oil mud, or other fluid or substance which might
contaminate the sea water or shore line or which
might cause harm or destruction to marine life; and
(g) to cause as little damage as possible to the











surface of any lands included in this licence and to
the trees, crops, buildings structures and other pro-
perty thereon.
(2) The Licensee shall comply with any reasonable
instructions from time to time given by the Board in writing
relating to any of the matters set out in sub-clause (1)
hereof. If the Licensee objects to any such instruction on
the ground that it is unreasonable it may within fourteen
days from the date upon which the same was given refer
the matter to arbitration in manner provided by Clause 44
(Arbitration) hereof.

Provision of storage tanks, pipes, pipe-lines or other receptacles.
29. The Licensee shall use methods and practices cus-
tomarily used in good oilfield practice for confining the petro-
leum obtained from the licenced area in tanks, gasholders,
pipes, pipe-lines or other receptacles constructed for that
purpose. No petroleum shall, save as a temporary measure
during an emergency, be placed or kept in an earthen re-
servoir.

Disposal of waste oil, salt water and refuse.
30. The Licensee shall drain all waste oil, salt water and
refuse from tanks, gasholders, boreholes and wells into pro-
per receptacles constructed and maintained by it for that
purpose at a safe distance from such tanks, gasholders, bore-
holes and wells and from any buildings or structures whether
situate within the licenced area or not and shall dispose of
such waste oil, salt water and refuse in manner from time
to time approved by the Board.

Licensee to keep records of boreholes.
31. The Licensee shall keep accurate records in a form
from time to time approved by the Board of the drilling deep-
ening plugging or abandonment of all boreholes and wells
and of any alteration to the casing thereof. A log of all
boreholes and wells shall be kept in a form from time to time
approved by the Board containing particulars of the fol-
lowing matters:-
(a) the strata and subsoil through which the bore-
holes or well was drilled; and
(b) the casing inserted in any borehole or well and










any alteration to such casing; and
(c) any petroleum workable minerals or mine
workings encountered; and
(d) such other matters as the Board may from time
to time require.
The Licensee shall deliver copies of the said records and
log to the Board as and when required provided that Licensee
shall not be required to deliver copies of the log of any ex-
ploratory borehole or well prior to sixty (60) days from the
termination of this licence.
Licensee to keep sample of strata, petroleum and water.
32. The Licensee shall as far as reasonably practicable
correctly label and preserve for reference for a period of
twelve months characteristic samples of the strata recovered
from any borehole or well and samples of any petroleum dis-
covered in the licensed area. The Board or its representative
shall have access to such samples at all reasonable times and
shall be entitled to require that representative specimens not
exceeding one-half of any such sample be delivered to the
Board and to retain any specimen so delivered.
Plans and records.
33.- (1) The Licensee shall furnish to the Board at such
times as the Board may appoint during the term hereby
wanted or any renewal thereof a record in a form from time
to time approved by the Board of the progress of its opera-
tions in the licenced area. Such record shall contain:-
(a) a statement of the depth drilled in each bore-
hole or well; and
(b) a statement of any petroleum water workable
minerals or mine workings encountered in the
course of the said operations; and
(c) a statement of all crude oil and casinghead
petroleum spirit won and saved; and
(d) a statement of the areas in which any geolo-
gical or geophysical work has been carried out.
(2) Within two months after the end of each year
comprised in the term hereby granted or any renewal thereof
the Licensee shall furnish to the Board a record in a form
from time to time approved by the Board of the type and
extent of the operations conducted in the licenced area during
each such year together with a plan upon a scale approved
by the Board showing the situation of all boreholes or wells.










(3) The Licensee shall also keep accurate geological
plans, maps and records relating to the said lands and areas.
(4) The Licensee shall furnish to the Board such
other plans and information as to the progress of operations
in the said lands and areas as the Board may from time to
time reasonably require.
(5) Licensee shall not be required to furnish the
Board any geological, geophysical or well information of an
interpretative nature prior to 60 days from the date of
termination of this licence.
Reports to be treated as confidential.
34. All logs, samples, record, plans, maps, account and
information which the Licensee is or may be from time to
time required to furnish under the provision of this Licence
shall be supplied at the expense of the Licensee and shall
(except with the consent in writing of the Licensee wi'ch
shall not be unreasonably withheld) be treated by the Boari
as confidential. The Board shall nevertheless be entitled at
any time to make use of any information received from the
Licensee for the purpose of preparing and publishing aggre-
gated returns and general reports on the extent of oil pros-
pecting or oil mining operations in the Colony and for the
purposes of any arbitration or litigation between the Board
and the Licensee.
Power to inspect plant, records, accounts, etc.
35.-(1) Any person or persons authorized by the Board
shall be entitled at all reasonable times to enter into and
upon any of the licenced area for the time being possessed
or occupied by the Licensee for the purposes hereinafter
mentioned:-
(a) to examine the boreholes wells, plans, appli-
ances, buildings and works made or executed by the
Licensee in pursuance of this Licence and the state
of repair and condition thereof; and
(b) to inspect and check the accuracy of the
weighing or measuring, appliances, weights, mea-
surements, logs records, plans and maps which the
Licensee is required to keep or make in accordance
with the provisions of this Licence; and
(c) to inspect the samples of strata and petroleum
which the Licensee is required to keep in accordance
with the provisions of this Licence; and










(d) to execute any work which the Board may be
entitled to execute in accordance with the provi-
sions of this Licence.

(2) The Board shall furnish Licensee in writing the
names of all persons authorized to act as provided in (1)
above.

Power to execute works.
36. If the Licensee shall at any time fail to perform the
obligations arising under the terms and conditions of any
of the undermentioned Clauses of this Licence:-
(a) Clause 4 (Measurement of petroleum obtained
from the licensed area);
(b) Clause 23 (Abandonment and plugging of bore-
holes) ;
(c) Clause 24 (Delivering up of productive bore-
holes and wells etc. in good order);
(d) Clause 25 (Plugging of boreholes on determina-
tion of Licence etc.);
(e) Clause 26 (Removal of plant, etc.);
(f) Clause 27 (Health and safety of workers and
employees) ;
(g) Clause 28 (Avoidance of harmful methods of
working);
(h) Clause 29 (Provision for storage tanks, pipes.
pipe-lines or other receptacles);
(i) Clause 30 (Disposal of waste oil, salt water and
refuse);
then and in any such case the Board shall be entitled to
execute any works which in the opinion of the Board or its
agents may be necessary to secure the performance of the said
obligations or any of them and to recover all reasonable and
necessary costs and expenses in so doing from the Licensee
provided always that the aforesaid power shall not be exer-
ciseable unless and until written notice has been given to the
Licensee specifying the particular breach complained of and










if the breach is capable of remedy, requiring the Licensee
to remedy the breach, and the Licensee fails, within a reason-
able time to commence and thereafter proceeds diligently to
remedy the breach if it is capable of remedy.

Rights of distress.
37. If and whenever any of the certain yearly rent or
royalties reserved by this Licence or any part thereof re-
spectively shall be in arrear or unpaid for the space of two
calendar months next after any of the days whereon the
same ought to be paid (whether the same shall have been
legally demanded or not) then and so often as the same may
happen the Board may (as an additional remedy and without
prejudice to the power of distress and other rights and
remedies to which it would be entitled) following written
notice to Licensee enter into and upon any of the licenced
area which shall for the time being be possessed or occupied
by the Licensee for the purposes of this Licence or the exercise
of any of the rights thereby granted and may seize and
distrain and sell as landlords may do for rent in arrear all
or any of the stocks of petroleum and products thereof live
and dead stock, piers, piles, derricks, engines, machinery,
tools, implements, chattels and effects belonging to the Li-
censee which shall be found in or upon any of the licenced
area so entered upon and out of the moneys arising from
the sale of such distress may retain and pay all the arrears
of the said certain yearly rent and royalties and also the
necessary costs and expenses incident to any such distress
and sale rendering the surplus (if any) to the Licensee.

Power of revocation.
38. If the Licensee shall at any time refuse or neglect
to observe or perform any of the terms and conditions of this
Licence the Board may by notice in writing signed by the
Chairman and served upon the Licensee summarily declare
that the Licence hereby granted shall thenceforth determine
and the Licence and all rights and liberties conferred hereby
or enjoyed hereby or hereunder shall forthwith determine
without prejudice to the rights and remedies of the Board in
respect of any prior breach or non-performance of any or all
of the terms and conditions hereof on the part of the Licensee
and in respect of the covenants on the part of the Licensee
herein mentioned to be performed after the expiration or










sooner determination of this licence or after the abandonment
of the undertaking hereby licensed. Provided always that
save as to the non-payment of rents or royalties the aforesaid
power shall not be exerciseable unless and until written
notice has been given to the Licensee specifying the particular
breach complained of and if the breach is capable of remedy
requiring the Licensee to remedy the breach and if such breach
is incapable of remedy, requiring the Licensee to make fair
and reasonable compensation in money for the breach and the
Licensee fails, within a reasonable time to commence and
thereafter, proceeds diligently to remedy the breach if it is
capable of remedy or to make reasonable compensation in
money, to the satisfaction of the Board for the breach if it
be incapable of remedy.
Renewal.
39. Provided that the licensee has complied with the
conditions and stipulations contained in this Licence the Board
shall on an application made in that behalf by the Licensee
on not less than three months' notice in writing grant a
area or such part or parts thereof as may be selected by the
Licensee for a further term of twelve months, subject to the
provisions of Clause 6 (Working Obligations) hereof.
Right of Licensee to determine licence.
40. Without prejudice to any obligation other than the
obligation to drill imposed by or to any liability theretofore
incurred under the terms and conditions hereof the Licensee
may at any time during the term hereby granted or any
renewal thereof determine this Licence by giving to the Board
not less than three months' previous notice in writing to that
effect.
Right of Licensee to abandon portions of the said lands.
41. Without prejudice to any obligation imposed by or
any liability theretofore incurred under the terms and con-
ditions hereof the Licensee shall be entitled at any time dur-
ing the term hereby granted or any renewal thereof by giving
three months' notice in writing to the Board to surrender the
rights granted by this licence in respect of any part or parts
of the licenced area.
Provided that -
(a) the part or parts of the licenced area in respect
of which the said rights are retained shall comply
with the Petroleum Act and the Regulations made










thereunder in force at the date of the Oil Explora-
tion Licence pursuant to which this licence was
granted as to the shape and size of the area or areas
in respect of which an Oil Prospecting Licence may
be granted; and
(b) the part or parts of the licenced area in re-
spect of which the said rights are surrendered shall
either be an area in respect of which a licence could
be granted in accordance with the said Act and
Regulations or be of such shape and size as the
Board and the Licensee may determine.

Right of Licensee to Oil Mining Lease.
42.-(1) On or before expiration of this Licence or any
renewal or renewals thereof the Licensee having paid the
rent and having observed and performed the terms and con-
ditions herein contained shall have a right to an oil mining
lease or leases in respect of all or any part or parts of the
licenced area as the Licensee may select.
(2) Each such Oil Mining Lease shall be of such
size (not exceeding one hundred square miles of lands and/or
submarine areas nor less than four square miles of lands
and/or submarine areas in extent) as may be determined by
the Licensee and shall be of such a shape as to comply with
any Regulations made under The Petroleum Act 1945 in
force at the date of the Oil Exploration Licence pursuant to
which this licence was granted.
(3) Each such Oil Mining Lease shall be in the
form hereunto annexed as Exhibit C.

Force majeure.

43.-(1) Failure of the Licensee to fulfil any of the
terms and conditions of this Licence shall not give the Board
any claim against the Licensee or be deemed a breach of
this Licence in so far as such failure arises from force
majeure and if through force majeure the fulfilment by the
Licensee of any of the terms and conditions of this Licence
be delayed the period of such delay shall be added to the
periods fixed by this Licence.
(2) In this Clause the expression "force majeure"
includes any act of God, war, or conditions arising out of or










attributable to war, insurrection, riot, civil commotion,
strikes, lockouts, tide, storm, tidal wave, flood, lightning,
explosion, fire, earthquake, inability to obtain necessary
material, equipment, or labour, and any other happening
which the Licensee could not reasonably prevent or control.
(3) The Board recognizing that conduct of opera-
tions under this Licence during the hurricane seasons may
jeopardize life and equipment agrees that it will not withhold
its consent to the suspension during hurricane seasons of any
operations provided for in this Licence, the conduct of which
would endanger or jeopardize life or equipment.

44. If at any time during the continuance of this Licence
or after the determination thereof any question or dispute
shall arise regarding this Licence or any matter or thing
connected herewith or the powers, duties, obligations or
liabilities of the Licensee hereunder or the amount or pay-
ment of any rent or royalty then and in all such cases the
matter in difference shall be referred to arbitration in ac-
cordance with the provisions of the Arbitration Act or any
Act passed in amendment thereof or in substitution therefore.

Subheads.
45. The subheadings are for convenience only and do
not form part of this Licence.

Interpretation.
46. For the purpose of this Licence -
(1) "Licensee" means a company to whom an oil pros-
pecting licence is granted and its assigns;
(2) "Petroleum" includes any mineral oil or relative
hydrocarbon and natural gas existing in its natural condi-
tion in strata and bitumen and asphalt but does not include
coal or bituminous shales or other stratified deposits from
which oil can be extracted by destructive distillation;
(3) "Crude oil" means oil in its natural state before the
same has been refined or otherwise treated but excluding
water and foreign substances;
(4) "Natural gas" means gas obtained from boreholes
and wells and consisting primarily of hydrocarbons;










(5) "Casinghead petroleum spirit" means any liquid
hydrocarbons obtained from natural gas (before the crude
oil from which it is derived has been measured for royalty)
by separation or by any chemical or physical process;
(6) "Her Majesty's dominions" shall be deemed to in-
clude British Protectorates and protected States and terri-
tories in respect of which a Mandate on behalf of the League
of Nations has been accepted by Her Majesty or a trustee-
ship on behalf of the United Nations has been accepted by
Her Majesty;
(7) "Governor" has the meaning assigned to it by The
Interpretation Act being Chapter 1 of the Revised Laws of
the Bahama Islands.
(8) "British subject" shall be deemed to include a person
under Her Majesty's protection.
IN WITNESS WHEREOF the Board and the Licensee
have caused their Common Seals to be hereunto affixed the
day and year first herein above written.










SCHEDULE A.

PART I.

All those Crown lands and/or submarine areas coloured

pink on the attached plan marked

situate in

and having a total area of or thereabouts.










SCHEDULE B.


BOND IN RESPECT OF OIL PROSPECTING LICENCE

BAHAMA ISLANDS
New Providence.

KNOW ALL MEN BY THESE PRESENTS THAT WE




and





are held and firmly bound to the Treasurer of the Colony
and his Successors in Office in the sum of
pounds of good and lawful money of the Colony to be paid to
the said Treasurer and his Successors in Office for which
payment to be well and truly made we bind ourselves and
each of us and our assigns jointly and severally by these
presents. Dated this day of
19

WHEREAS by Indenture of even date herewith and
made between the Petroleum Board of the one part and the
said
of the other part the sole right and licence was granted to
the said
to search bore for win and work all or any petroleum lying
or being within under or throughout those lands and sub-
marine areas described in Schedule A to the said Indenture
and delineated in the plans attached to the said Indenture
and marked subject to the terms conditions
and covenants therein contained.










AND WHEREAS the said
hath agreed to become surety for the due performance by
the said of all and
several the covenants matters and things under the said
Indenture to be by it performed and done.

NOW the condition of the above-written bond or obliga-
tion is such that if the said
shall well and truly observe and perform all and every the
covenants and agreements by it to be observed and performed
as hereinbefore mentioned and shall in a proper and work-
manlike manner do all and every the acts, matters and things
by it to be done under the said Indenture to the satisfaction
of the Board for the time being THEN the above-written
bond or obligation shall be void otherwise the same shall
remain in full force and effect.










FORM C.


OIL MINING LEASE.

THIS INDENTURE made the
day of in the year of our Lord one
thousand nine hundred and
BETWEEN the Petroleum Board established under the
Petroleum Act 1945 acting for and on behalf of the Govern-
ment of the Colony (hereinafter referred to as "the Board")
of the one part AND






(hereinafter referred to as "the Lessee") of the other part:

WHEREAS the Lessee is entitled to an Oil Mining
Lease pursuant to an Oil Prospecting Licence granted to the
Lessee by the Board on the day of
195 and has applied to the Board
for an oil mining lease in respect of the lands and/or sub-
marine areas specified in Part I of the Schedule marked
"A" hereunder written (hereinafter referred to as the
"leased area") and has entered into a bond in the form set
out in the Schedule marked "B" hereunder written with the
Treasurer in three times the amount of the annual rent here-
inafter reserved in respect of the tenth and each subsequent
year of the term hereby granted conditioned for the due and
faithful carrying out of the provisions contained in the
Indenture;
has observed and performed the terms and conditions con-
tained in the said Oil Prospecting Licence;

NOW THIS INDENTURE WITNESSETH AS FOLLOWS
In consideration of the rents, royalties, convenants and
agreements hereinafter reserved and contained on the part
of the Lessee to be paid and observed the Board doth hereby










demise unto the Lessee all or any petroleum lying or being
within under or throughout the leased area and doth hereby
grant the liberties, powers and privileges to be exercised in
connection with the said petroleum mentioned in Part II of
the said Schedule marked "A" subject to the restrictions and
conditions which are specified in Part III of the said Schedule
Marked "A" and to the provisions contained in Part IV of
the said Schedule marked "A";

Term.
TO HOLD EXERCISE AND ENJOY all and singular
the premises, liberties, powers and privileges hereby granted
and demised unto the Lessee from the
day of 19 for the term of
years then next ensuing yielding and
paying free and clear from all rates, taxes, charges and
deductions the several rents royalties and sums of money
mentioned and specified in Part V of the said Schedule mark-
ed "A" subject to the provisions relating to rents and royalties
contained in Part VI of the said Schedule marked "A".
And the Lessee doth hereby covenant with the Board as in
Part VII of the said Schedule marked "A" is expressed and
the Board doth hereby covenant with the Lessee as in Part
VIII of the said Schedule marked "A" is expressed and it is
hereby mutually agreed and declared by and between the
parties hereto as in Parts IX and X of the said Schedule
marked "A" is expressed and it is hereby declared that the
Schedule marked "A" hereunder written shall be deemed
part of these presents and be read and construed accordingly.

IN WITNESS WHEREOF the Board and the Lessee
have caused their Common Seals to be hereunto affixed the
day and year first hereinbefore written.











THE SCHEDULE MARKED "A" ABOVE REFERRED TO

PART I.
THE LANDS AND/OR SUBMARINE AREAS
REFERRED TO IN THIS LEASE.
Description of the leased area.
All those lands and/or submarine areas lying
and being delineated on the plan thereunto annexed and
thereon coloured pink and containing an area of
or thereabouts.

PART II.
LIBERTIES, POWERS AND PRIVILEGES TO BE
EXERCISED OR ENJOYED BY THE LESSEE,
BUT SUBJECT TO THE RESTRICTIONS AND
CONDITIONS IN PART III.
To bore, etc.
1. To enter upon the leased area and to search bore for
win and work all or any petroleum lying or being within
under or throughout the leased area.

To appropriate water, etc.
2. Subject to the approval of the Board, to appropriate
and use for any purpose connected with the borings or works
or refining operations connected therewith, the water upon
or within any of the leased area, and to collect, impound and
bore for the same for the purpose of working the said borings
or works or carrying out refining and other operations pro-
vided for herein, but so that in the exercise of this privilege
the Lessee shall not deprive any lands, villages, houses or
watering places for cattle of a reasonable supply of water
as heretofore accustomed.

To appropriate surface of land for work, etc.
3. To enter upon, use and occupy a sufficient part of
the leased area adjoining any borings for depositing thereon
the products of the said borings and all the earth soil and
other substances brought to the surface and for otherwise
carrying on the works of the said borings and operations
hereunder.










To refine.
4. To refine or otherwise treat the aforesaid petroleum
in and upon the leased area whether for purposes of sale or
otherwise save as hereinafter provided.

To store, lead and carry away oil, etc.
5. To store, take, lead, pipe, and carry away, on, under
and over the leased area the aforesaid petroleum and the
products thereof and to dispose of the same at its own will
and pleasure, save as hereinafter provided.

To erect houses, etc.
6. To erect set up and make in upon and over the
leased area workmen's houses, sheds, piers, piles, derricks,
engines, machinery, furnaces, buildings, erections, pipe-lines,
telephone lines, railroads, tramroads, and other roads and
works necessary or convenient for the effectual working of
the said borings, works or refining operations connected
therewith, and the exercise, of the several liberties and
powers hereby granted.

To dig gravel, etc.
7. To search for, dig and get free of charge gravel,
sand, clay and stone within the leased area, for the purposes
mentioned in this part of this Schedule, but not for sale
provided that at the expiration of this Lease any excavations
shall be fenced or filled in or levelled and left otherwise fit
for cultivation and occupation, as far as may be reasonably
practicable if so required by the Board.

To cut timber, etc.
8. To cut down the brushwood and undergrowth and
with the consent of the Board to fell any timber now stand-
ing or growing, or which at any time hereafter may grow
on the leased area, for the purpose of facilitating ingress
and egress to and from the leased area, and also for the
purposes of clearing lands for the erection of machinery and
plant in connection with the purposes mentioned in this
Part of this Schedule and also for the purpose of clearing
lands for protection against damage by fire and for erecting
and making habitable workmen's houses, and also for clear-
ing land for the purpose of making pastures for the animals
used by the Lessee for the operations herein specified and











subject to the approval of the Board to enclose with a fence
any lands occupied by the aforesaid construction provided
that such fence does not interfere with existing or projected
rights of way or roads.

Provided that (a) the clearing for any single pasture
shall not exceed ten acres and (b) the lessee shall pay a
reasonable price for all timber and undergrowth cut down
or felled by it for the purpose of making pastures or taken
or used by it such price to be assessed in default of agree-
ment by arbitration as provided in Clause 63 (Arbitration)
of this Schedule.

Exemption from duty.
(a) The lessee may import into the Colony and
take out of bond at any warehouse port therein
without payment of customs duties, war tax, or
any other tax, all plant, machinery, tools and equip-
ment which are peculiar to and necessary for the
purposes of exploring for, prospecting for or mining
petroleum on proof being given to the satisfaction
of the Comptroller of Customs that the said plant,
machinery, tools and equipment are to be used for
the purposes aforesaid and for no other purpose.

To do all other acts and things.
(b) To do all such other acts and things and to carry
out all such other works and conveniences as may
in the opinion of the lessee be necessary or convenient
to effectively obtain, produce and market the afore-
said petroleum and the products thereof and to
carry out the operations authorized and envisaged
by this lease.

PART III.
RESTRICTIONS AND CONDITIONS AS TO THE EXERCISE
OF THE ABOVE LIBERTIES, POWERS AND PRIVILEGES.
Board's permission to be obtained.
9. Notwithstanding the present demise and the rights
and obligations arising hereunder the Lessee shall not exer-
cise any of the liberties powers and privileges hereby granted
over any particular parcel of land described in Part I of this










Schedule title to which land is vested in private ownership
unless and until permission in writing so to do shall first
have been obtained by the Lessee from the Board which shall
grant such permission upon proof to its satisfaction by the
Lessee that (a) the Lessee has entered into an agreement
with the owner or owners of the surface of such parcel of
land for payment of compensation to such owner or owners
for and in respect of any damage which may be caused or
done to the surface of such a parcel of land or to any cul-
tivation or buildings thereon by reason of the exercise by
the Lessee of all or any of the liberties powers and privileges
hereby granted or (b) the Lessee has made reasonable efforts
to arrive at such an agreement but has failed to do so through
no fault attributable to it, or (c) the Lessee is unable to enter
into such an agreement by reason of the fact -
(a) that the persons with power to grant the right
are numerous or have conflicting interests or can-
not be ascertained or are residing out of the Colony
or cannot be found or unreasonably refuse
to grant it or demand terms which, having regard
to the circumstances, are unreasonable; or
(b) that the persons from whom the right must be
obtained or any of them have not the necessary
powers of disposition whether by reason of defect
in title, legal disability or otherwise.
Compensation to occupiers.
10.- (1) The Lessee shall before occupying any land for
surface operations pay or tender reasonable compensation
to the occupiers thereof and shall thereupon be entitled to
occupy the land, but shall nevertheless be bound to pay the
amount of compensation which, in case of dispute, shall be
assessed by reference to arbitration as provided in Clause
63 (Arbitration) of this Schedule.

Compensation.
(2) The Lessee shall before occupying any sub-
marine area which is at such time being lawfully occupied
and in use by any person for the purpose of cultivating sponge
pay or tender reasonable compensation to such person but
nevertheless it shall be bound to pay the amount of compen-
sation which in case of dispute shall be assessed by reference
to arbitration as provided in Clause 63 (Arbitration) of this
Schedule.










11. Nothing herein contained shall be deemed to restrict
the right of the Crown to grant or lease any portion of the
surface of any Crown Lands subject to this Lease but any
such grant or lease by the Crown shall be subordinate and
subject to and shall not in any way affect the rights granted
by this lease to the Lessee.

Distance of boreholes from boundaries of the said lands.
12. No borehole or well shall except with the consent
in writing of the Board be drilled or made within a distance
of 400 feet from the boundaries of the leased area.

No mining operations to be carried on near railway, etc.
13. No boring operations or working shall be carried
on or allowed by the Lessee in the leased area at any point
within 100 yards of any railway, reservoir, canal or other
public works or any building or inhabited site on or near
the leased area except with the previous permission in writ-
ing of the Board (which shall not be unreasonably withheld)
or of any officer authorized by it in its behalf and subject
to any instructions restrictions and conditions which may
be attached to such permission by the Board or the officer
granting the same.

Cutting of Timber.
14. Save as provided in Clause 8 (to cut timber, etc.)
of this Schedule the Lessee shall not without the express
sanction of the Governor cut down or injure any trees or
timber in the leased area.

PART IV.
LIBERTIES AND POWERS OF THE GOVERNOR
AND OTHERS.
Governor may work other minerals, etc.
15. These presents or anything herein contained shall
not prejudice or affect the exercise from time to time of all
or any of the following liberties and powers, that is to say:-
(1) Liberty and power for the Governor or any other
person authorized by him in that behalf to enter
into and upon the leased area and to search for,
dig, work and get any minerals or substances other










than petroleum upon or under the leased area and
for the purposes aforesaid to sink, make, erect and
use such pits, shafts, levels, drains, watercourses,
tunnels, buildings, engines or machinery, railways,
wagonways and other ways, works and conveniences
upon, through or under the leased area as he shall
deem necessary or expedient; provided always that
the said reserved liberties and powers to work for
minerals or substances other than petroleum shall
be exercised and enjoyed in such a manner as not
to hinder or interfere with the rights and privileges
of the Lessee under these presents, and provided
also that fair and proper compensation shall be
paid by the Governor for all expense, loss, damage
or injury which the Lessee may sustain or be put
to by reason or in consequence of the exercise of
the said reserved liberties and powers to work for
minerals or substances other than petroleum, the
amount of such compensation to be settled in case
of difference by reference to arbitration as provid-
ed in Clause 63 (Arbitration) of this Schedule.
Governor may enter land, etc.
(2) Liberty and power for the Governor or any other
person authorized by him in that behalf to enter
into and upon the leased area and to make and
maintain upon, over and through the leased area
such reservoirs, pumping stations, generating
stations, waterways, roads, tramways, railways,
telegraph and telephone lines and pipe-lines or other
works as he shall deem necessary or expedient for
any purpose, and to obtain from and out of the
leased area such stone, earth and other materials
as may be necessary or requisite for making, re-
pairing or maintaining the same or any of them
and at all times to draw water from the leased area
and to have free access thereto, and to pass and
repass at all times over and along the leased area
for all such purposes as occasion shall require;
provided always that the said reserved liberties
and powers shall be exercised and enjoyed in such
a manner as not to hinder or interfere with the
rights and privileges of the Lessee under these
presents: And provided also that fair and proper










compensation shall be paid by the Governor for all
expense, loss damage or injury (not however in-
cluding the value of any water stone earth or other
materials taken) which the Lessee may sustain or
be put to by reason or in consequence of the exercise
of the said reserved liberties and powers the amount
of such compensation to be settled in case of differ-
ence by reference to arbitration as provided in
Clause 63 (Aribtration) of this Schedule.

Governor may grant or demise said lands to third parties
subject to Lessee's rights.
(3) Liberty and power for the Governor to grant or
demise to any person all or any part of the leased
area for any purpose provided that such grant or
demise be made subordinate and subject to the rights
of the Lessee hereunder.
PART V.
RENTS AND ROYALTIES RESERVED BY THIS LEASE.
Certain yearly rent.
16.- (1) The Lessee shall pay to the Treasurer on behalf
of the Board during the term hereby granted, a certain yearly
rent, as specified in the table hereunder written, for each
acre or part of an acre comprised in the leased area:-
TABLE
per acre
per annum.
s. d.
In respect of the 1st year of the said term 2 0
2nd 3 0
S3rd 4 0
4th 6 0
5th 8 0
6th and each subsequent
year of said term 10 0
(2) Payment of the certain yearly rent reserved
by this Lease shall be made annually in advance, and the
first payment of the sum of
in respect of the first year of the term hereby granted (the
receipt whereof is hereby acknowledged) has been made on
or before execution of this Lease.









Royalties.
17. The Lessee shall pay to the Treasurer on behalf of
the Board within 60 days after the end of each calendar
quarter year period of the term hereby granted, the royalties
hereunder specified:-
(a) on crude oil won and saved twelve and one-
half per centum of the selling value thereof;
(b) on natural gas twelve and one-half per centum
of the selling value of actual sales thereof: Provid-
ed that in respect of any natural gas sold to other
persons holding oil prospecting licences or oi mining
leases in the Colony for re-pressuring the natural
oil reservoir the rate of royalty shall be reduced to
one-half of the rate specified in this sub-clause; and
(c) on casinghead petroleum spirit won and saved
1212 per centum of 60 per centum of the selling
value thereof when the yield does not exceed two
Imperial gallons per 1,000 cubic feet of gas treated
and 121/2 per centum of 100 per centum of the
selling value thereof when the yield exceeds two
Imperial gallons per one thousand cubic feet of gas
treated.
The selling value of crude oil as aforesaid shall be the
selling value thereof at the well head. The selling value of
casinghead petroleum spirit as aforesaid shall be the selling
value thereof at the place of its extraction. The selling
value of actual sales of natural gas as aforesaid shall be
the actual sales price received by the Licensee from the
sale of the Natural gas.
In ascertaining the amount of royalties payable under
this clause, the Lessee shall be entitled to deduct from the
quantity of crude oil and casinghead petroleum spirit won
and saved, the quantity, ascertained according to a method
approved by the Board, of any oil or products thereof or
of casinghead petroleum spirit used during such period by
the Lessee for the purpose of carrying on drilling and pro-
duction operations and pumping and transporting to field
storage, and refineries.
The quantity of casinghead petroleum spirit recovered
by the Lessee within each calendar quarter year period shall
be ascertained in the manner provided by Clause 20 (Mea-
surement of petroleum obtained from the leased area) of this











Schedule. From the quantity so ascertained, the Lessee shall
be entitled to deduct the quantity ascertained according to
a method approved by the Board of any such spirit used
during such calendar quarter year period by the Lessee for
the purpose of carrying on drilling and production opera-
tions and pumping to field storage, refineries, and marine
terminals.

From the amount of royalties payable under the fore-
going provisions of this Clause in respect of any calendar
quarter year period or periods there shall be deducted the
amount of the certain yearly rent actually paid in respect
of the same calendar year under the provisions of Clause
16 (Certain yearly rent) of this Schedule.

The selling value of any crude oil, natural gas or
casinghead petroleum spirit shall be such value as may be
determined by mutual agreement between the Board and the
Lessee or failing agreement by arbitration in accordance
with the provisions of Clause 63 (Arbitration) hereof.

PART VI.

PROVISIONS RELATING TO RENTS AND ROYALTIES.

Refund of certain yearly rent on determination or surrender.
18.- (1) Upon the determination by the Lessee of the
term hereby granted or any renewal thereof or upon the
surrender by it of the rights granted by this Lease in respect
of any part or parts of the leased area the Board will refund
to the Lessee an apportioned part of any certain yearly rent
paid by the Lessee in advance in respect of the leased area
of any such part or parts thereof for a period the whole
of which has not expired at the date of such determination
or surrender.
(2) Upon the release by the Lessee of any of the
leased area under the provisions of Clause 27 (Release of
areas included by inadvertence in the leased area) of this
Schedule the Board will refund to the Lessee all of the certain
yearly rent paid by the Lessee during the term hereby grant-
ed in respect of the said area or areas; provided that in
respect of any year the amount remaining of the certain
yearly rent after the said refund shall not be less than the











amount or royalties payable in respect of any such year under
the provisions of sub-clauses (a), (b) and (c) of Clause
17 (Royalties) of this Schedule.

PART VII.
THE LESSEE'S COVENANTS.

Payment of rents and royalties.
19. The Lessee shall pay the several rents and royalties
hereby reserved at the times and in the manner above ap-
pointed in that behalf.

Measurement of petroleum obtained from the said lands.
20.-(1) The Lessee shall measure or weigh by a method
or methods customarily used in good oilfield practice and
from time to time approved by the Board:-
(a) all crude oil and casinghead petroleum spirit
won and saved and removed from the leased area;
and
(b) all natural gas sold from the leased area;
during the term hereby granted or by renewal
thereof.
(2) The Board or any officer of the Board authoriz-
ed by it shall at all times during the said term or any
renewal thereof be entitled to be present whenever such
measurement or weighing takes place.
(3) If any measuring or weighing appliance shall at
any time be found to be false or unjust the same shall, if
the Board so determines after considering any representa-
tions in writing made by the Lessee, be deemed to have
existed in that condition during the period of three months
prior to the discovery thereof or the period elapsed since the
last occasion upon which the same was examined or tested,
whichever shall be the less, and accordingly the royalties
payable in respect of such period shall be adjusted.
(4) The Lessee shall not make any alteration in
the method or methods of measurement or weighing used by
it or any appliances used for that purpose without first
informing the Board and the Board may in any case require
that no alteration shall be made save in the presence of an
officer authorized by the Board.










Keeping of accounts.
21.-(1) The Lessee shall at all times during the term
hereby granted or any renewal thereof keep full and correct
accounts in a form from time to time approved by the Board
which shall contain accurate entries of:-
(a) the quantity of crude oil won saved and
removed from the leased area; and
(b) the method and results of tests made on the
crude oil; and
(c) the quantity of crude oil refined in the Colony
by Lessee and the products recovered therefrom;
and
(d) the quantity of crude oil otherwise disposed of
and the manner of its disposal; and
(e) the quantity of natural gas sold and the actual
sales price at which it has been sold; and
(f) the quantity in cubic feet of natural gas treated
and the quantity in Imperial gallons of casinghead
petroleum spirit won and saved; and
(g) the quantity of crude oil and the products
thereof or casinghead petroleum spirit used for
drilling or production operations or pumping to
field storage, and refineries; and
(h) such further particulars and statistics as the
Board may from time to time reasonably require.

Establishment of boundary marks.
(2) The Lessee shall within sixty days after the
end of each calendar quarter year period of the term hereby
granted or any renewal thereof deliver to the Board an
abstract in a form from time to time approved by the Board
of the said accounts for each such period together with a
statement in the like form of all royalties payable in respect
of each such period.

22.-(1) The Lessee shall unless the Board otherwise
determines at its own expense forthwith erect and at all
times maintain and keep in repair substantial boundary
marks of brick, stone or concrete not less than one foot high
at every angle or corner of the boundary line of any lands
included in the leased area. Such boundary marks shall be
referenced by survey to at least two readily identifiable
points in such a manner that the boundaries of the said










lands can be accurately traced on the ground. The Lessee
shall ensure that the area demarcated on the ground shall
conform as closely as possible to the area delineated on the
plan hereto annexed.
(2) The Lessee shall unless the Board otherwise
determines at its own expense forthwith erect and at all
times maintain and keep in repair such survey marks or
monuments as may be necessary for the delimitation of any
submarine areas included in the leased area. Such survey
marks and monuments shall be of a form and type approved
by the Pilotage Board for New Providence.
(3) The Lessee shall, if called upon so to do by
the Board, illuminate between the hours of sunset and sunrise
in a manner satisfactory to the Pilotage Board for New
Providence all derricks, piers, survey marks, monuments
and other installations erected by Lessee in any submarine
areas included in the leased area.
23. As soon as the settled output of crude oil of a quality
suitable for refining obtained from the lands and/or sub-
marine areas held under oil mining lease or leases by the
Lessee in the Colony amounts in the aggregate to at least
fifteen hundred tons per day, assessed on the average daily
production over a period of not less than six consecutive
calendar months (such calculation not to include any pro-
duction used by Lessee for the purpose of carrying on drilling
and production operations and for pumping to field storage
or any portion of the production of any wells as may not be
under control) and proven reserves of crude oil adequate to
justify the capital investment necessary for such under-
taking have been developed the Lessee shall if so required
by the Board commence the erection of a refinery capable
of dealing with at least 400 tons per day of the output
of crude oil ascertained as above and of so treating the said
crude oil as to produce oil fuel that shall comply with the
Admiralty specification at that time, provided that the said
crude oil be of a suitable kind and quality for this purpose.
The Lessee shall complete the refinery and put and maintain
it in efficient working order with due diligence and dispatch,
but in any event within two years from the date on which the
site of such refinery shall have been definitely approved.
Provided that the site of such refinery and all tanks
for the storage of petroleum shall be selected by the Lessee










with the previous written approval of the Board, such ap-
proval not to be unreasonably withheld, due regard being
had to the commercial interests of the undertaking.

Provided further that the site of such refinery shall
be submitted for the approval of the Board within four
months following the receipt by the Lessee of written notice
from the Board to commence the erection of such refinery.
The Lessee shall not be required to erect said refinery
at any location which cannot be acquired by Lessee at a
price representing its fair market value without regard to
its proposed use or which is not adapted to refining opera-
tions or which is not readily accessible to a deep water channel
capable of handling ocean going tankers or at which fresh
water in sufficient quantities to serve the refining operations
is not available or cannot be developed by customary methods.

The Board agrees to make available to Lessee free of
rental or other compensation any Crown lands or submarine
areas located within or without the leased area which may
be required by Lessee for the erection, maintenance and
operation of said refinery including all necessary pipe lines,
submarine loading lines, piers, tanks, pumping stations and
other facilities and appurtenances.

Should the site of such refinery or of any facilities
appurtenant to such refinery include any alienated lands
Lessee shall not occupy or use such lands unless and until
permission in writing so to do shall first have been obtained
by the Lessee from the Board which shall grant such permis-
sion upon proof to its satisfaction by the Lessee that (A)
the Lessee has entered into an agreement with the owners
of the land for payment of compensation to such owners for
and in respect of any damage which may be caused or done
to the surface of such land or areas or to any cultivation
or building thereon by reason of the exercise by the Lessee
of all or any of the liberties powers and privileges hereby
granted or (B) the Lessee has made reasonable efforts to
arrive at such an agreement but has failed to do so through
no fault attributable to it or (C) the Lessee is unable to
enter into such an agreement by reason of the fact -
(a) that the persons with power to grant the right
are numerous or are residing out of the Colony or
cannot be found or unreasonably refuse to grant
67










it or demand terms which are unreasonable; or
(b) that the persons from whom the right must be
obtained or any of them have not the necessary
powers of disposition, whether by reason of defect
in title, legal disability or otherwise.
Local Resident Manager.
24. The Lessee shall before commencing any operations
in the leased area furnish to the Board the name and address
in the Colony of its Resident Manager under whose super-
vision such operations are to be carried on. Any notice which
the Board or any person authorized by it is in accordance
with the terms of this Lease required be entitled to serve
upon the Lessee shall be sufficiently served if the same shall
be delivered or sent by post addressed to such Resident
Manager at such address.
Compensation.
25. The Lessee shall make and pay fair and reasonable
compensation for all damage or injury to the property and
rights of other parties which may be done by it, its agents
and servants in the exercise of the liberties and powers
conferred by this Lease.
Lessee to furnish Board with copies of agreements entered
into with surface owners.
25A. The Lessee shall furnish to the Board copies of all
conveyances, leases, assignments, agreements and Indentures
with surface owners relating to surface rights in and over
any lands included in the leased area or any estate or in-
terest therein and to which the Lessee is a party.
Indemnity against third party claims.
26. The Lessee shall at all times indemnify and keep
harmless the Board and every Officer of the Board against
all actions, costs, charges, claims and demands whatsoever
which may be awarded by a court of competent jurisdiction
to any third party in relation to or in connection with any
matter or thing done or purported to be done by Lessee in
pursuance of this lease. Provided that the provisions of
this clause shall not apply to acts, matters or things per-
formed or done by Lessee at the request or upon the demand
of the Board or any member thereof which in the opinion of
Lessee is inappropriate, undesirable or hazardous.










Release of areas included by inadvertence in the leased area.
27. In the event of the inclusion by inadvertence in
Part I of this Schedule of any lands or submarine areas in
respect of which the oil rights have already been granted to
other companies the Lessee shall immediately release any such
lands or submarine areas when required to do so by the
Board.
Lessee not to cultivate, etc.
28. The Lessee shall not except with the consent of the
Board cultivate or use the leased area in any manner save
for the purpose of this demise and the rights hereby granted.

Reservation of areas for public purposes, etc.
29.-(1) Notwithstanding the rights conferred on the
Lessee under this Lease, the Board, upon giving three months'
written notice to the Lessee shall have power at any time to
reserve from operations under this lease or any renewal
thereof any lands or submarine areas which may from time
to time be required for villages, new villages, village ex-
tensions, water reserves, navigation, ports, wharves, public
fisheries or any public purposes whatsoever provided that
during the subsistence of this lease or any renewal thereof
the area or areas so reserved shall not exceed in all 1% of
the total square miles of land and/or submarine area included
in this lease and provided further that the reservation of
any lands or submarine areas upon which any active opera-
tions such as well drilling, road constructions, waterworks,
and/or other works relating to the winning of petroleum
have previously been commenced or are in progress shall
not be reserved but in lieu thereof an equal area or areas
upon which active operations as aforementioned have not
already been commenced or are not at the time being in
progress may be reserved provided further that if the Lessee
shall satisfy the Board that the reservation of any such
selected lands or submarine areas will interfere with or
impede its operations or proposed operations the Lessee shall
have the right to indicate and offer proof as to the availability
of other areas from which the said percentage may be selected
and provided further that the reservation of any lands or
submarine areas shall not prevent or prejudice the right
of the Lessee to search for win and work all or any petroleum
lying or being within under or throughout any of the lands










and submarine areas so reserved and to carry away and
dispose of the produce thereof to and for the use and benefit
of the Lessee.
(2) Where any lands or submarine areas have been
reserved from this lease pursuant to sub-clause (1) of this
clause, the Lessee shall carry out all operations necessary
to search bore for win and work any petroleum lying or
being within under or throughout the said lands and/or
submarine areas so reserved in such manner as to cause
the least disturbance necessary having regard to the purposes
for which such lands and submarine areas were reserved,
and upon completion of such operations shall remove from
such reserved lands and submarine areas all unnecessary
works, and shall maintain all works necessary to produce,
take, lead pipe and carry away the aforesaid petroleum and
the products thereof in a clean, tidy and workmanlike man-
ner.
(3) Where any lands or submarine areas have been
reserved under this clause the Lessee shall have the un-
restricted right to use such lands or submarine areas if they
shall subsequently become no longer required for the purpose
for which they were reserved.
Advertisement, Prospectuses, etc.
30.-(1) No statement shall be made either in any
notice advertisement prospectus or other document issued
by or to the knowledge of the Lessee or in any other manner
claiming or suggesting whether expressly or by implication
that the Governor or any Government Department or the
Board or any person or body acting on behalf or any of them
has, or have formed or expressed any opinion that the leased
area is from its geological formation or otherwise likely to
contain petroleum.
(2) The foregoing provisions of this Clause or a
statement to the effect thereof shall be included in or endorsed
on any prospectus, statement in lieu of prospectus, notice,
circular, advertisement or other invitation issued by or to
the knowledge of the Lessee offering to the public for sub-
scription or purchase any shares or debentures of a company
or intended company.
Notice of fresh issues of capital.
31. The Lessee shall report to the Board particulars of
any fresh issues of capital which may from time to time be











made by it and any alteration which may be made in the
Memorandum or Articles of Association or in the constitution
of the Lessee.

Consent to Assignment.
32. The Lessee shall not assign this Lease without the
previous consent in writing of the Board which may require
as a condition of giving such consent the assignee or assignees
at its or their expense to execute a deed of covenant to
observe and perform the covenants and conditions on the part
of the Lessee in these presents contained.

33. Subject to the provisions of clauses 32 (Consent to
assignment) and 34 (Lessee ceasing to be a company etc.)
hereof the Lessee shall not assign this lease to any person other
than a company incorporated in the Colony or a company
incorporated outside the Colony which has been duly regist-
ered in the Colony under the provisions of the Foreign Com-
panies Act.

34. If the Lessee shall cease to be a company incorporat-
ed in the Colony or a company incorporated outside the
Colony and registered in the Colony under the provisions of
the Foreign Companies Act the Lessee shall forthwith inform
the Board accordingly and apply for its consent to an assign-
ment of the rights granted by this Lease in accordance with
Clause 32 (Consent to assignment) of this Schedule and in
the event of the Lessee failing to obtain such consent within
such time as the Board may in its discretion appoint, the
Board may revoke this Lease. The revocation of this Lease
in pursuance of the foregoing provisions of this Clause shall
be subject and without prejudice to any obligation imposed
by or any liability theretofore incurred under the terms and
conditions hereof.

35.-(1) If the Lessee is a company incorporated outside
the Colony, the Lessee may be required by the Board to
incorporate a company in the Colony in order to exploit this
Lease at any time after the expiration of five years from
the date of the first commercial export from the Colony of
oil mined under this Lease, unless the Lessee or any company
or person by whom the Lessee is owned or controlled will
incur substantial financial detriment outside the Colony
directly resulting from the requirement to incorporate such










company within the Colony in which case the Board shall
not require the Lessee to incorporate a company within the
Colony so long as the Lessee or any company or person by
whom the Lessee is owned or controlled continues to be liable
to incur such substantial financial detriment. Provided,
however, that in the event of the Board and the Lessee
failing to agree that the Lessee or any company or person
by whom the Lessee is owned or controlled will incur sub-
stantial financial detriment as aforesaid, the matter shall be
referred to arbitration as provided in clause 63 (Arbitration)
of this Schedule.
(2) If and when the Lessee is a company incor-
porated in the Colony and mines oil in commercial quantities
from the leased area the Lessee shall appoint to its Board
of Directors one person to be nominated by the Governor-
-in-Council and such person, or another person nominated
in his place by the Governor-in-Council shall be a member
of such Board of Directors for so long as oil continues to
be mined by the Lessee in commercial quantities from the
leased area.
(3) The Lessee shall have a manager residing in
the Colony who shall be a British subject.
(4) If and when the Board shall so require, a ma-
jority of the persons employed by the Lessee in and about
land or a submarine area from which oil is being produced
in commercial quantities shall be British subjects.
Reciprocity.
36. This Lease shall be determined if the Lessee shall
be or become controlled directly or indirectly by a national
of or by a company incorporated in any country the laws
and customs of which do not permit British subjects or com-
panies incorporated in Her Majesty's dominions or Com-
panies incorporated in that country controlled directly or
indirectly by British subjects or by companies incorporated
in Her Majesty's dominions to acquire hold and operate
petroleum concessions on conditions which in the opinion
of Her Majesty's Principal Secretary of State for the Colonies
are reasonably comparable with the conditions upon which
such rights are granted to nationals of that country with
the addition of conditions corresponding to those imposed
by this Clause and Clause 35 (Special clause) of this
Schedule.











Lessee not to obstruct working of other minerals.
37. The Lessee shall exercise the liberties and powers
hereby granted in such a manner as to offer no unnecessary
or reasonably avoidable obstruction or interruption to the
development and working within the leased area or lands
or areas adjacent thereto of any minerals not included in
this Lease and shall at all times afford to the Governor or
his representative and to the holders of prospecting licences
or mining leases in respect of any such minerals or any
minerals within any lands or areas adjacent to the leased
area reasonable means of access and convenient passage upon
and across the leased area to such minerals for the purpose
of getting, working, developing and carrying away the same.
Notice of the site and commencement of boreholes and wells.
38.- (1) As soon as the site of any bore hole or well has
been decided the Lessee shall notify the Board in writing of
the situation thereof and the same shall be described by a
certain number in the plans and records which the Lessee
is required to keep under the provisions of this Lease. The
Lessee shall notify the Board of any change of the number
of any such borehole or well which may be made.
(2) No borehole or well shall be commenced and no
borehole or well shall be recommended after work has been
discontinued threat for more than six months unless seven
clear days' notice in writing shall first have been given to
the Board. Provided that the provisions of this sub-clause
shall not apply to cleaning out operations in a producing
well.
Abandonment and plugging of boreholes.
39.-(1) No borehole or well shall be abandoned and
no cemented string or other permanent form of casing shall
be withdrawn from any borehole or well which it is pro-
posed to abandon without the prior consent in writing of
the Board, such consent not to be unreasonably withheld or
delayed in the case of boreholes or wells which have become
unproductive and shall not be withheld or delayed for more
than forty-eight hours in the case of unproductive boreholes
or wells.
(2) Every borehole or well which the Lessee intends
to abandon shall, unless the Board otherwise determines be
so securely plugged by the Lessee to the satisfaction of the










Board as to prevent the egress of oil or gas therefrom or
ingress and egress of water in and from any portion of the
strata bored through.
(3) The Board may in any case require that no bore-
hole or well shall be plugged or any works be executed for
that purpose save in the presence of an officer authorized by
it and the Board agrees to have such authorized officer present
upon twenty-four hours' notice from Lessee.
Delivering of productive boreholes and wells, etc., in good order.
40. Within two months after the expiration or sooner
determination of this Lease or any renewal thereof pursuant
to Clause 51 (Renewal) hereof or the date of the abandon-
ment of the undertaking hereby leased pursuant to Clause
52 (Right of Lessee to determine Lease) hereof whichever
shall first occur and without payment of any compensation
in respect thereof the Lessee shall deliver up to the Board
in good order repair and condition and fit for further work-
ing all productive boreholes or wells (unless ordered by the
Board to plug them as provided in the next succeeding Clause
hereof and except such boreholes and wells as shall have been
previously abandoned with the consent of the Board) which
shall have been made by the Lessee under the liberty or
power in that behalf hereinbefore contained, together with
all casings and other appurtenances to such boreholes or
wells below surface level and all piers, piles, and caissons
constructed and installed in connection with such boreholes
or wells which are necessary for the operation of and which
cannot be removed without causing injury to the said bore-
holes and wells.
Plugging of boreholes on determination of Lease, etc.
41. Within two months after the expiration or sooner
determination of this Lease or any renewal thereof pursuant
to Clause 51 (Renewal) hereof or the date of the abandon-
ment of the undertaking hereby leased pursuant to Clause
52 (Right of Lessee to determine Lease) hereof whichever
shall first occur the Lessee shall if required so to do by the
Board (a) securely plug to the satisfaction of the Board
all boreholes and wells as provided in (2) and (3) of Clause
39 (Abandonment and plugging of boreholes) of this
Schedule, and (b) remove in a manner satisfactory to the
Pilotage Board for New Providence all piers, piles, derricks,
and other installations erected by it within the submarine
areas included in this Lease.










Health and safety of workers and employees.
42. The Lessee shall comply with any reasonable in-
structions from time to time given by the Board in writing
for securing the health and safety of persons employed in
or about the leased area.
Avoidance of harmful methods of working.
43.-(1) The Lessee shall maintain all apparatus and
appliances and all bore holes and wells capable of producing
petroleum in commercial quantities in good repair and con-
dition and shall execute all operations in or in connection
with the leased area in a proper and workmanlike manner
in accordance with methods and practice customarily used
in good oilfield practice and without prejudice to the gen-
erality of the foregoing provision the Lessee shall take all
steps practicable in order:-
(a) to control the flow and to prevent the escape
or waste of petroleum discovered in or obtained
from the leased area; and
(b) to conserve the leased area for productive
operations; and
(c) to prevent damage to adjoining petroleum bear-
ing strata; and
(d) to prevent the entrance of water through bore-
holes and wells to petroleum bearing strata; and
(e) to prevent the escape of petroleum into any
water-well, spring, stream, river, lake reservoir,
estuary or harbour; and
(f) to prevent the pollution of the coastal water by
oil, mud or any other fluid or substance which might
contaminate the sea water or shore line or which
might cause harm or destruction to marine life; and
(g) to cause as little damage as possible to the sur-
face of any lands included in the leased area and
to the trees, crops, buildings, structures and other
property thereon.
(2) The Lessee shall comply with any reasonable
instructions from time to time given by the Board in writing
relating to any of the matters set out in sub-clause (1) hereof.
If the Lessee objects to any such instruction on the ground
that it is unreasonable it may within fourteen days from the
date upon which the same was given refer the matter to arbi-
tration in manner provided by Clause 63 (Arbitration) of this
Schedule.











Provision of storage tanks, pipes, pipe-lines or other receptacles.
44. The Lessee shall use methods and practice custom-
arily used in good oilfield practice for confining the petro-
leum obtained from the leased area in tanks, gasholders,
pipes, pipelines or other receptacles constructed for that pur-
pose. No petroleum shall, save as a temporary measure
during an emergency, be placed or kept in an earthen
reservoir.
Disposal of waste oil, salt water and refuse.
45. The Lessee shall drain all waste oil, salt water and
refuse from tanks, gasholders, boreholes and wells into pro-
per receptacles constructed and maintained by it for that
purpose at a safe distance from such tanks, gasholders, bore-
holes and wells and from any buildings or structures whether
situate within the leased area or not and shall dispose of
such waste oil salt water and refuse in manner from time
to time approved by the Board.
Lessee to keep records of boreholes.
46. The Lessee shall keep accurate records in a form
from time to time approved by the Board of the drilling,
deepening, plugging or abandonment of all boreholes and
wells and of any alterations to the casing thereof. A log of
all boreholes and wells shall be kept in a form from time to
time approved by the Board containing particulars of the
following matters:
(a) the strata and subsoil through which the bore-
hole or well was drilled; and
(b) the casing inserted in any borehole or well and
any alteration to such casing; and
(c) any petroleum workable minerals or mine
workings encountered; and
(d) such other matters as the Board may from
time to time require.
The Lessee shall deliver copies of the said records and
log to the Board as and when required.
Lessee to keep samples of strata, petroleum and water.
47. The Lessee shall as far as reasonably practicable
correctly label and preserve for reference for a period of
twelve months characteristic samples of the strata recovered
from any borehole or well and samples of any petroleum dis-










covered in the leased area. And the Board or its represen-
tative shall have access to such samples at all reasonable
times and shall be entitled to require that representative
specimens not exceeding one half of any such sample be
delivered to it and to retain any specimen so delivered.

Plans and records.
48.-(1) The Lessee shall furnish to the Board at such
times as the Board may appoint during the term hereby
granted or any renewal thereof, a record in a form from
time to time approved by the Board of the progress of its
operations in the leased area. Such record shall contain:
(a) a statement of the depth drilled in each bore-
hole or well; and
(b) a statement of any petroleum, workable
minerals or mine workings encountered in the
course of the said operations; and
(c) a statement of all crude oil and casinghead
petroleum spirit won and saved; and
(d) a statement of the areas in which any geolo-
gical or geophysical work has been carried out.
(2) Within two months after the end of each calen-
dar year comprised in the term hereby granted or any
renewal thereof the Lessee shall furnish to the Board a record
in a form from time to time approved by the Board of the
operations conducted in the leased area during the preceding
calendar year, together with a plan upon a scale approved
by the Board showing the situation of all boreholes or wells
and indicating all development and other works executed by
it in connection with searching, boring for and getting
petroleum.
(3) The Lessee shall also keep accurate geological
plans maps and records relating to the leased area.
(4) The Lessee shall furnish to the Board such
plans and information as to the progress of operations in the
leased area as the Board may from time to time reasonably
require.
Reports to be treated as confidential.
49. All logs, records, plans, maps, accounts and informa-
tion which the Lessee is or may be from time to time required
to furnish under the provisions of this Lease shall be supplied
77










at the expense of the Lessee and shall (except with the consent
in writing of the Lessee which shall not be unreasonably
withheld) be treated by the Board as confidential. The Board
shall nevertheless be entitled at any time to make use of
any information received from the Lessee for the purpose
of preparing and publishing aggregated returns and general
reports on the extent of oil prospecting or oil mining opera-
tions in the Colony and for the purposes of any arbitration
or litigation between the Board and the Lessee.

PART VIII.
THE BOARD'S COVENANTS.
For quiet enjoyment.
50. The Lessee paying the rents and royalties hereby
reserved and observing and performing the covenants and
provisions herein contained and on its part to be observed
and performed, shall and may peaceably and quietly hold
and enjoy the rights and privileges hereby demised for and
during the term hereby granted without any lawful inter-
ruption from or by the Board or any person rightfully claim-
ing from or under it.
Renewal.
51. The Lessee having paid the several rents and
royalties due and having observed and performed the terms
and conditions herein contained shall be entitled, on giving
to the Board not less than twelve months' previous notice in
writing in that behalf not more than two years nor less
than one year before the termination of the term hereby
granted, to a renewal of this Lease in respect of the whole
of the said area or any part thereof which complies with
any written Law or Regulation for the time being in force
for a further term of thirty years from the expiration of the
said term upon the terms and conditions contained in any
written Law or Regulation then in force relating to oil
mining leases in the Bahamas, or, if there shall not be any
terms and conditions as aforesaid, upon the terms and
conditions of the present lease (other than this present
clause). Provided that, in the event that the rate of royalty
payable by the Lessee under the said lease so renewed cannot
be precisely determined under any written Law or Regula-
tion, such rate of royalty shall be fixed by agreement between
the Board and the Lessee or, in default of such agreement,











shall be the rate of royalty payable in accordance with the
provisions of the present Lease increased by 25% of such
rate.
(2) In this Clause the expression "rate of royalty"
includes certain yearly rents, within the meaning of Clause
16(1) hereof.
Right of Lessee to determine Lease.
52. Without prejudice to any obligation imposed by or
any liability theretofore incurred under the terms and
conditions hereof the Lessee may at any time during the
term hereby granted or any renewal thereof determine this
Lease by giving to the Board not less than twelve months'
previous notice in writing to that effect.
Right of Lessee to abandon portions of the said lands.
53. Without prejudice to any obligation imposed by or
any liability theretofore incurred under the terms and
conditions hereof the Lessee shall be entitled at any time
during the term hereby granted or any renewal thereof by
giving six months' notice in writing to the Board to sur-
render the rights granted by this Lease in respect of any
part or parts of the leased area. Provided that:-
(a) the part of the leased area in respect of which
the said rights are retained shall comply with The
Petroleum Act and the Regulations made there-
under in force at the date of the Oil Exploration
Licence pursuant to which Lessee initially acquired
the right to explore the leased area as to the shape
and size of areas in respect of which an oil mining
lease may be granted; and
(b) the part of the leased area in respect of which
the said rights are surrendered shall either be an
area in respect of which an oil mining lease could
be granted in accordance with said Act and the
Regulations or be of such shape and size as the
Board and the Lessee may determine.
PART IX.
GENERAL PROVISIONS.
Power to inspect plant records, accounts, etc.
54. Any person or persons authorized by the Board shall
be entitled at all reasonable times to enter into and upon










any land or submarine area for the time being possessed
or occupied by the Lessee in the leased area for the purposes
hereinafter mentioned:
(a) to examine the boreholes wells, plans, ap-
pliances, buildings and works made or executed by
the Lessee in pursuance of this Lease and the state
of repair and condition thereof; and
(b) to inspect and check the accuracy of the weigh-
ing or measuring, appliances, weights, measure-
ments, logs, records, plans and maps which the
Lessee is required to keep or make in accordance
with the provisions of this Lease; and
(c) to inspect and make abstracts or copies of any
logs, records, plans, maps or accounts which the
Lessee is required to keep or make in accordance
with the provisions of this Lease; and
(d) to inspect the samples of strata and petroleum
which the Lessee is required to keep in accordance
with the provisions of this Lease; and
(e) to execute any works which the Board may be
entitled to execute in accordance with the provisions
of this Lease.
Unit of development.
55. If at any time during the term hereby granted or
any renewal thereof the Board shall be satisfied that the
leased area or any part thereof forms part of a single
geological petroleum structure or petroleum field (herein-
after referred to as "an oil field") in respect of other parts of
which other oil mining leases are then in force and the Board
shall consider that it is in the interest of the Colony in order
to secure the maximum ultimate recovery of petroleum and
to avoid unnecessary competitive drilling that the oil field
should be worked and developed as a unit in co-operation by
all the companies, including the Lessee, whose leases extend
to or include any part thereof, the following provisions shall
apply:
(1) (a) The Lessee shall upon being so required by
notice in writing by the Board co-operate with such
other companies, being companies holding oil mining
leases in respect of any part or parts of the oil
field (hereinafter referred to as "the other
Lessees"), as may be specified in the said notice in
the preparation of a scheme (hereinafter referred




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