Canada Petroleum Resources Act

Here is a possible completion of the template:

• The Canada Oil and Gas Operations Act provides rules for interests in frontier lands, including issuance, surrender, and cancellation.
• An interest owner is bound by the acts or omissions of their appointed or designated representative with respect to matters within their authority.
• A representative's duties are specific to the purpose for which they were appointed or designated, and any operating agreement or arrangement may be varied or amended accordingly.
• The Governor in Council can prohibit issuance of interests in certain circumstances, such as disagreements over international boundaries, environmental or social problems, dangerous weather conditions, or the designation of marine protected areas.
• An interest owner can surrender an interest in all or part of their frontier lands, but liabilities to Her Majesty remain unaffected.
• The Minister may enter into negotiations with an interest owner for compensation in certain circumstances, and may cancel an interest if negotiations fail or the interest owner fails to surrender it voluntarily.
• Compensation is available to the interest owner upon surrender or cancellation, subject to specific conditions and limitations.