43 CFR 3107.60
§ 3107.60 Extension of reinstated leases.
United States · 43 CFR — Public Lands: Interior · Status: effective
Cite this
- Citation
- 43 CFR 3107.60, § 3107.60 Extension of reinstated leases, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211850
- Permanent ID
ys:prov:211850@1- SHA-256
df2875c06afe55373d7bdf32136432fbf69e94eebf8453a7ef2c6894e2dfb18b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Where a reinstatement of a terminated lease is granted under 43 CFR 3108.20 and the authorized officer finds that the reinstatement will not afford the lessee a reasonable opportunity to continue operations under the lease, the authorized officer may extend the term of such lease for a period sufficient to give the lessee such an opportunity. Any extension will be subject to the following conditions:
(a) No extension will exceed a period equal to the unexpired portion of the lease or any extension thereof remaining at the date of termination.
(b) When the reinstatement occurs after the expiration of the term or extension thereof, the lease may be extended from the date the authorized officer grants the petition, but in no event for more than 2 years from the date the reinstatement is authorized and so long thereafter as oil or gas is produced in paying quantities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.