1. Regulations
  2. title 43
  3. chapter II
  4. part 3100
  5. subpart 3105
  6. subjgrp 84
  7. § 3105.44

View all text of Subjgrp 84 [§ 3105.41 - § 3105.50]

§ 3105.44 - Extension of lease term.

Any lease used for the storage of oil or gas will be extended for the period of storage under an approved agreement. The obligation to pay annual lease rent continues during the extended period.

AUTHORITY: 25 U.S.C. 396d and 2107; 30 U.S.C. 189, 306, 359, and 1751; 43 U.S.C. 1701

SOURCE: 89 FR 30966, Apr. 23, 2024, unless otherwise noted.

CITE AS: 43 CFR 3105.44