ARTICLE 27

NATURAL RESOURCE DEVELOPMENT

PART 1: PETROLEUM

Opening of Lands for Petroleum Exploration

27.1.1 Prior to opening any lands in the Nunavut Settlement Area for petroleum exploration, Government shall notify the DIO and provide an opportunity for it to present and to discuss its views with Government regarding the terms and conditions to be attached to such rights.

Exercise of Petroleum Rights

27.1.2 Prior to the initial exercise of rights in respect of exploration, development or production of petroleum on Crown lands in the Nunavut Settlement Area, and in order to prepare a benefits plan for the approval of the appropriate regulatory authority, the proponent shall consult the DIO, and Government shall consult the DIO, in respect to those matters listed in Schedule 27-1.

PART 2: OTHER RESOURCES

Other Resources

27.2.1 Prior to the initial exercise of rights in respect of development or production of resources other than petroleum on Crown lands in the Nunavut Settlement Area, the proponent shall consult the DIO in respect to those matters listed in Schedule 27-1.

Nature of Consultation

27.2.2 The consultation provided for in this Part shall balance the needs of the DIO for information, an opportunity for discussion among Inuit, and the needs of Government and the proponent for timely and cost-effective decisions.

PART 3: EXISTING SUBSURFACE RIGHTS

27.3.1 The obligations to consult under Sections 27.1.2 to 27.2.2 shall apply mutatis mutandis to operators whose rights are continued under Section 21.7.2.

Lands Program Implementation Fund

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