[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: 43CFR3140.1-1]



[Page 408]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 3140_LEASING IN SPECIAL TAR SAND AREAS--Table of Contents

 

Subpart 3140_Conversion of Existing Oil and Gas Leases and Valid Claims 

                       Based on Mineral Locations

 

Sec.  3140.1-1  Existing rights.



    (a) The owner of an oil and gas lease issued prior to November 16, 

1981, or the owner of a valid claim based on a mineral location situated 

within a Special Tar Sand Area may convert that portion of the lease or 

claim so situated to a combined hydrocarbon lease, provided that such 

conversion is consistent with the provisions of this subpart.

    (b) Owners of oil and gas leases in Special Tar Sand Areas who elect 

not to convert their leases to a combined hydrocarbon lease do not 

acquire the rights to any hydrocarbon resource except oil and gas as 

those terms were defined prior to the enactment of the Combined 

Hydrocarbon Leasing Act of 1981. The failure to file an application to 

convert a valid claim based on a mineral location within the time herein 

provided shall have no effect on the validity of the mining claim nor 

the right to maintain that claim.