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Parliamentary Questions


Question On Notice No. 13 asked in the Legislative Council on 16 May 2017 by Hon Robin Chapple

Question Directed to the: Minister for Environment representing the Minister for Mines and Petroleum
Parliament: 40 Session: 1


Question

I refer to previously granted exploration Licence E28/1634, which I understand has been surrendered, and ask:

(a) is it correct that exploration Licence E28/1634, prior to the surrender, had a mortgage on this tenement for up to $2 million dollars based on a discovery deed executed by the parties;
(b) if yes to (a), on what specific date was this mortgage lodged;
(c) if no to (a), what is specifically correct with respect to the amount of monies that was registered as a mortgage on E28/1634;
(d) did the mortgagor or the party lodging the surrender provide written consent to the Department of Mines and Petroleum (DMP) for the surrender to be registered on E28/1634 with a written letter on 27 September 2016 at least 15 days prior to 12 October 2016;
(e) if no to (d), what is the specific date that the mortgagor notified the DMP with a written letter addressed to the DMP notifying, agreeing, and consenting to the registration of a surrender;
(f) is it correct that a surrender was lodged for E28/1634 on 12 October 2016 at 14.40pm in Perth;
(g) if no to (f), what is specifically correct in terms of the time and date;
(h) did the DMP initially identify any potential defects with the surrender which was lodged for E28/1634, resulting in provisional lodgement;
(i) if yes to (h), what were those specific defects identified by the DMP; and
(j) on what specific date and time were any potential defects rectified by the holders of E28/1634 for the surrender which was lodged?
Answered on 21 June 2017

The Department of Mines and Petroleum (DMP) advises:

(a) Yes, however the mortgage was not accompanied by the Pinjin Discovery Deed between the Mortgagor and Mortgagee dated 13 September 2010, therefore DMP cannot confirm the amount of the mortgage.

(b) Mortgage 388971 was lodged and registered against Exploration Licence 28/1634 on 10 January 2012.

(c) Refer to answer (a) above.

(d) No

(e) The written consent accompanied the lodgement of the surrender on 12 October 2016.

(f) Yes

(g) Not applicable

(h) Yes

(i) The document had not been correctly executed in accordance with section 127 of the Corporations Act 2001 (Cth), as only one Director for Gel Resources Pty Ltd had signed the surrender document.

(j) 17 October 2016 at 3:21pm.