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43 CFR 3141.62

§ 3141.62 Publication of a notice of competitive lease offering.

United States · 43 CFR — Public Lands: Interior · Status: effective

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43 CFR 3141.62, § 3141.62 Publication of a notice of competitive lease offering, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/212046
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Combined Hydrocarbon Leases, Tar Sand Leases or Oil and Gas Leases. At least 45 days prior to conducting a competitive auction, lands to be offered for a competitive lease sale, as in a Notice of Competitive Lease Sale, will be made available to the public. The notice will specify the time and place of sale; the manner in which the bids may be submitted; the description of the lands; the terms and conditions of the lease, including the royalty and rental rates; the amount of the minimum bid; and will state that the terms and conditions of the leases are available for inspection and designate the proper BLM office where bid forms may be obtained.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.