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§3515.10. May I exchange my lease or lease right for another mineral lease or lease right?

43 C.F.R. § 3515.10

Yes. BLM may determine that operations on your lease or lands for which you have a preference right to a lease are not in the public interest. If you or BLM identify other lands for exchange, you may relinquish your current lease or preference right in exchange for a mineral lease of other lands of equal value.
Notes, amendments, and revision history

Authority

Authority: 5 U.S.C. 552; 30 U.S.C. 189, 192c, and 209; 43 U.S.C. 1701 et seq.; and sec. 402, Reorganization Plan No. 3 of 1946 (5 U.S.C. appendix).

Source

Source: 64 FR 53536, Oct. 1, 1999, unless otherwise noted.