6Persons entitled to compensation.N.I.
(1)Subject to the succeeding provisions of this section, the right to compensation in relation to any well shall be deemed to have vested in the persons who, immediately before the commencement of this Act, were entitled to any estate in any minerals (excluding an estate in minerals which did not include petroleum) lying under the appointed area of that petroleum well.
(2)A person shall not be entitled to compensation in respect of petroleum underlying land which at any time before the commencement of this Act had been the subject of a merging order made under section 8 of the Act of 1959.
(3)A licensee under a licence granted before the commencement of this Act by the Ministry under the Petroleum (Production) Act 1918 [1918 c.52] shall not be taken to hold, by virtue of that licence, any estate in land or minerals.