43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3285.2

When may BLM approve a voluntary termination of a unit agreement?

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3285.2 — When may BLM approve a voluntary termination of a unit agreement?

§ 3285.2 When may BLM approve a voluntary termination of a unit agreement? BLM may approve the voluntary termination of a unit agreement at any time: (a) After receiving a signed certification agreeing to the termination from a sufficient number of the working interest owners specified in the unit agreement who together represent a majority interest in the unit agreement; and (b)(1) After the completion of the initial unit obligation well but before the establishment of a participating area; or (2) After a participating area is established, upon receipt of information providing adequate assurance that: (i) Diligent development and production of known commercial geothermal resources will occur; and (ii) The public interest is protected.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR43-SEC-2ED05B
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
43 C.F.R. § 3285.2
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
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PRIMARY-SOURCE
Source Verified
✓ TRUE
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e703b2fbcf42ae4d...
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The regulatory text of 43 C.F.R. § 3285.2 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 43 43 C.F.R. § 3285.2