Lease Administration Unit
The Lease Administration Unit is responsible for managing the lifecycle of oil and gas surface tenure (surface leases, rights of way, exploration licences and other surface rights), processing certain subsurface tenure transactions, and the verification and maintenance of corporate information.
Specific duties of the unit include:
- drafting and ensuring the execution of all surface tenure in accordance with negotiated terms and conditions and with federal government regulations
- administering all surface and subsurface tenure throughout their lives, including financial commitments, rent reviews, assignments and surrenders
- monitoring of First Nation suspense accounts as it relates to surface tenure
- coordinating remedial enforcement action for non-compliance issues on surface tenure
- training and working together with First Nations and industry regarding surface and subsurface tenure
- registering contracts and other instruments into the Indian Lands Registry System (ILRS)