43 CFR 3105.44 - Extension of lease term.

Regulations last checked for updates: May 04, 2025

Title 43 - Public Lands: Interior last revised: Apr 16, 2025

View all text of Subpart 3105 [§ 3105.10 - § 3105.50]

§ 3105.44 - Extension of lease term.

Any lease used for the storage of oil or gas will be extended for the period of storage under an approved agreement. The obligation to pay annual lease rent continues during the extended period.

authority: 25 U.S.C. 396d and 2107; 30 U.S.C. 189,306,359,and; 43 U.S.C. 1701

source: 89 FR 30966, Apr. 23, 2024, unless otherwise noted.

cite as: 43 CFR 3105.44