Natural Resources committee  The working interest owners would refer to the operators who would be exploiting the field, whoever they might be.

Natural Resources committee  Yes, these amendments could work with respect to both domestic pools and those that would straddle international boundaries, such as Canada-U.S. or Canada-France—for example, with Saint-Pierre and Miquelon off the south coast of Newfoundland and Labrador.

Natural Resources committee  I'm not sure I understand the question.

Natural Resources committee  I may need to get one of our legal counsels to step in here. Specifically, this is with respect to administrative boundaries. It could be, as you say, Canadian boundaries like the one between Nova Scotia and Newfoundland and Labrador, or Canada-France and Canada-U.S. I don't believe it would extend beyond the outer continental shelf—the extended shelf—into international waters.

Natural Resources committee  Thank you. This is with respect to where there would be petroleum pools found that straddle different administrative boundaries. In that instance, the parties would work together to agree to a unit operating agreement. The unit operating agreement deals with property matters—the unitization of rights and interests—while the other deals with procedural matters and how the working interest owners would make those operational decisions.