43 C.F.R. § 3209.10   May I convert my geothermal lease to a mineral lease?


Title 43 - Public Lands: Interior


Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3209—Conversion of Lease Producing Byproducts

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§ 3209.10   May I convert my geothermal lease to a mineral lease?

You may convert your geothermal lease to a mineral lease, effective the first day of the month following the date BLM determines you have met the terms of conversion, if:

(a) Your lease is in an extended term;

(b) The byproducts you are producing in commercial quantities are leasable under the Mineral Leasing Act (30 U.S.C. 181 et seq.), or under the Mineral Leasing Act for Acquired Lands (30 U.S.C. 351–358); and

(c) The lease is primarily valuable for the production of just that mineral.

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