(1) A permit holder may apply to the Secretary, in writing, for consent to flare or vent petroleum.
(2) The application must include the following information:
(a) the extent to which the proposal complies with the requirements of regulations 35 and 36; and
(b) the location of the installation and facilities concerned, including their proximity to any gas-gathering system; and
(c) a statement that all reasonable and economical alternatives to flaring or venting have been examined and eliminated (with supporting data attached); and
(d) a statement of the impact of any flaring restrictions on the net present value of the mining operation; and
(e) if relevant, information about whether any well shut-in may—
(i) cause reservoir damage; or
(ii) hamper reservoir performance; or
(iii) damage equipment.
(3) In subclause (2)(e), well shut-in includes a well shut-in that is necessary to avoid wasting gas while any facilities in relation to the well are installed.