Maine Checklist of Information to Obtain For Evaluating Environmental Matters on Producing Properties

• Category: Oil Gas and Minerals - Due Diligence
• State: Multi-State
• Control #: US-OG-431
• Format: Word; Rich Text

Description

This form is a Checklist of Information to Obtain For Evaluating Environmental Matters on Producing Properties.

Maine Checklist of Information to Obtain For Evaluating Environmental Matters on Producing Properties: When evaluating environmental matters on producing properties in Maine, it is important to gather comprehensive information to assess their impact and ensure compliance with environmental regulations. Here is a detailed checklist of essential information to obtain: 1. Property details: Obtain complete documentation regarding the property, including its size, location, legal description, ownership, and any past or current land uses. 2. Environmental site assessments (ESA): Conduct thorough Phase I and Phase II SAS to identify any potential environmental issues or contamination on the property. This may involve soil testing, groundwater sampling, and evaluating the site's historical land uses. 3. Hazardous substances: Identify any hazardous substances that are present or have been used on the property. This includes any chemicals, fuels, or waste materials that could pose a risk to human health or the environment. 4. Permit and compliance records: Obtain copies of all environmental permits, licenses, and certifications associated with the property, such as air emissions permits, wastewater discharge permits, or hazardous waste management permits. Review compliance records to ensure all requirements have been met. 5. Spill history: Gather information on any past spills, leaks, or releases of hazardous substances on the property. This includes dates, types of substances involved, cleanup actions taken, and any ongoing monitoring or mitigation measures in place. 6. Environmental impact assessments: If the property has undergone any development or expansion projects, obtain environmental impact assessments conducted by relevant authorities. These assessments will provide insights into the potential environmental implications of the property's activities. 7. Endangered species and critical habitats: Determine if the property is located in or near environmentally sensitive areas, such as protected habitats of endangered species. Check with state agencies, such as the Maine Department of Inland Fisheries and Wildlife, for any specific requirements or restrictions. 8. Wetlands and water bodies: Assess the presence and boundaries of wetlands, streams, rivers, lakes, or other water bodies on or adjacent to the property. Ensure compliance with all water resource regulations and obtain any necessary permits if the property activities may impact these areas. 9. Waste management: Review waste management practices on the property, including the handling, storage, and disposal of solid waste, hazardous materials, and wastewater. Ensure compliance with relevant state and federal regulations, such as the Maine Hazardous Waste Management Rules. 10. Environmental insurance: Determine if the property has environmental insurance coverage. Obtain details of the insurance policy, including its coverage limits, exclusions, and any past claims made. Different types of Maine Checklists of Information to Obtain For Evaluating Environmental Matters on Producing Properties may include specialized assessments for specific industries like: — Forestry and timbeextractionio— - Mining and mineral extraction — Agriculture and farming operation— - Manufacturing and industrial facilities These specialized checklists may have additional requirements or considerations specific to the respective industries, such as forest management plans, reclamation plans, pesticide use records, or air emissions monitoring data.