(a) The authorized officer may require the bonded party to supply additional bonding in accordance with §3104.5(b) of this chapter.

Terms Used In 43 CFR 3134.1-2

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • NPR-A: means the area formerly within Naval Petroleum Reserve Numbered 4 Alaska which was redesignated as the National Petroleum Reserve--Alaska by the Naval Petroleum Reserves Production Act of 1976 (42 U. See 43 CFR 3130.0-5

(b) The holders of any oil and gas lease bond for a lease on the NPR-A shall be permitted to obtain a rider to include the coverage of oil and gas geophysical operations within the boundaries of NPR-A.

[46 FR 55497, Nov. 9, 1981, as amended at 53 FR 17358, May 16, 1988; 73 FR 6442, Feb. 4, 2008]