43 C.F.R. § 3208.17 If I begin production, do I get a credit for payments made instead of production in commercial quantities or significant expenditures?
Title 43 - Public Lands: Interior
No, if you begin production, you will not get a credit against royalties for either payments instead of production or significant expenditures made for that year.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3208—Extending the Primary Lease Term
§ 3208.17 If I begin production, do I get a credit for payments made instead of production in commercial quantities or significant expenditures?
