Code of Federal Regulations · Section

§ 3137.60 — As The Unit Operator, What Are My Obligations?

43 C.F.R. § 3137.60

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As the unit operator—

(a) You must comply with the terms and conditions of the unit agreement, Federal laws and regulations, lease terms and stipulations, and BLM notices and orders;

(b) You must provide to BLM evidence of acceptable bonding. Acceptable bonding means a bond in an amount which is no less than the sum of the individual Federal bonding requirements for each of the NPR-A leases committed to the unit. You may also meet this requirement if you add the unit operator as a principal to lease bonds to reach the required amount; and

(c) The bond must be payable to the Secretary of the Interior.

43 C.F.R. § 3137.52 43 C.F.R. § 3137.61

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