Federal Oil and Gas Leases: Where Are We Now and What's Next? | Holland & Hart LLP
Extension of Applications of Permit to Drill (APDs) Lease suspension Applications for royalty relief Notably, the March Memo specifically states that the above list is not exhaustive. And, to the extent approval is discretionary (i.e., extensions of APDs), we suspect an oil and gas lessee or operator will have difficultly receiving approval for those above-listed actions. Although the March Memo is not addressed to the Bureau of Indian Affairs (BIA), the Bureau of Land Management (BLM) serves as a technical advisor to the BIA and is required to approve certain actions that impact Indian triba...
Source: jdsupra.com