Code of Federal Regulations · Section

§ 3515.10 — May I Exchange My Lease Or Lease Right For Another Mineral Lease Or Lease Right?

43 C.F.R. § 3515.10

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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.

43 C.F.R. § 3515.12

Authorizing Statute

Rules and regulations; boundary lines; State rights unaffected; taxation
30 U.S.C. § 189
Public information; agency rules, opinions, orders, records, and proceedings
5 U.S.C. § 552
Congressional declaration of policy
43 U.S.C. § 1701