[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3136.1]

[Page 383]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3130_OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA--Table 
of Contents
 
 Subpart 3136_Relinquishments, Terminations and Cancellations of Leases
 
Sec. 3136.1  Relinquishment of leases or parts of leases.


    A lease may be surrendered in whole or in part by the lessee by 
filing a written relinquishment, in triplicate, with the Alaska State 
Office of the Bureau. No filing fee is required. In the case of partial 
relinquishments, neither the relinquished lands nor the retained lands 
shall be less than a compact tract of not less than 640 acres. A 
relinquishment shall take effect on the date it is filed subject to the 
continued obligation of lessee and the surety to make all payments due, 
including any accrued rental, royalties and deferred bonuses and to 
abandon all wells, and condition or remove other facilities on the lands 
to be relinquished to the satisfaction of the authorized officer.

[46 FR 55497, Nov. 9, 1981, as amended at 53 FR 17359, May 16, 1988]