43 C.F.R. § 3137.132 What if I do not meet a continuing development obligation before I establish any participating area in the unit?
Title 43 - Public Lands: Interior
If you do not meet a continuing development obligation before you establish any participating area, the unit terminates automatically. Termination is effective the day after you did not meet a continuing development obligation.
Title 43: Public Lands: Interior
PART 3130—OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA
Subpart 3137—Unitization Agreements—National Petroleum Reserve-Alaska
Unit Termination
§ 3137.132 What if I do not meet a continuing development obligation before I establish any participating area in the unit?