The present Regulation implements various sections of the Mines and Minerals Act (R.S.A. 2000, c. M-17). The Regulation contains at the outset a definition clause relating to various terms employed therein such as, for example, “adjustment factor for new heavy oil”, “adjustment factor for new non heavy oil”, “adjustment factor for old heavy oil”, “allocable costs”, “Board”, “exploratory interval”, “finished drilling date”, “heavy oil”, “new heavy oil”, “licence”, “new oil”, etc. Section 1 establ