[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: 43CFR3140.4-2]

[Page 399]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3140_COMBINED HYDROCARBON LEASING--Table of Contents
 
Subpart 3140_Conversion of Existing Oil and Gas Leases and Valid Claims 
                       Based on Mineral Locations
 
Sec. 3140.4-2  Issuance of the combined hydrocarbon lease.

    (a) After a plan of operations is found acceptable, and is approved, 
the authorized officer shall prepare and submit to the owner, for 
execution, a combined hydrocarbon lease containing all appropriate terms 
and conditions, including any necessary stipulations that were part of 
the oil and gas lease being converted, as well as any additional 
stipulations, such as those required to ensure compliance with the plan 
of operations.
    (b) The authorized officer shall not sign the combined hydrocarbon 
lease until it has been executed by the conversion applicant and the 
lease or claim to be converted has been formally relinquished to the 
United States.
    (c) The effective date of the combined hydrocarbon lease shall be 
the first day of the month following the date that the authorized 
officer signs the lease.
    (d)(1) Except to the extent that any such lease would exceed 5,210 
acres, the authorized officer may issue, upon the request of the 
applicant, 1 combined hydrocarbon lease to cover contiguous oil and gas 
leases or valid claims based on mineral locations which have been 
approved for conversion.
    (2) To the extent necessary to promote the development of the 
resource, the authorized officer may issue, upon the request of the 
applicant, 1 combined hydrocarbon lease that does not exceed 5,120 
acres, which shall be as nearly compact as possible, to cover non-
contiguous oil and gas leases or valid claims which have been approved 
for conversion.