[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3136.2]



[Page 394]

 

                    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.  3136.2  Terminations.



    Any lease on which there is no well capable of producing oil or gas 

in paying quantities shall terminate if the lessee fails to pay the 

annual rental in full on or before the anniversary date of such lease 

and such failure continues for more than 30 days after the notice of 

delinquent rental has been delivered by registered or certified mail to 

the lease owner's record post office address.



[[Page 395]]