43 CFR § 3511.15
How long will my lease be in effect?
June 11, 2020
Open Table
| Commodity | Initial Term | Period of Renewal or Readjustment |
|---|---|---|
| (a) Phosphate | Indeterminate | Subject to readjustment at the end of each 20 year period. |
| (b) Sodium | 20 years | Can be renewed for 10 years at the end of the initial term and for following 10 year periods. |
| (c) Potassium | Indeterminate | Subject to readjustment at the end of each 20 year period. |
| (d) Sulphur | 20 years | Can be renewed for 10 years at the end of the initial term and for following 10 year periods. |
| (e) Gilsonite | 20 years and for as long thereafter as gilsonite is produced in paying quantities | Subject to readjustment at the end of each 20 year period. |
| (f) Hardrock Minerals | not to exceed 20 years | Can be renewed for 10 years at the end of the initial term and for following 10 year periods. |
| (g) Asphalt | 20 years | Can be renewed for 10 years at the end of the initial term and for following 10 year periods. |
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