Oklahoma Administrative Code
Title 385 - Department of the Commissioners of the Land Office
Chapter 20 - Sale and Operation of Hard Rock Mining and Other Mineral leases
Section 385:20-1-14 - Bidding process
Universal Citation: OK Admin Code 385:20-1-14
Current through Vol. 42, No. 1, September 16, 2024
The bid process for school land hard rock mining and other mineral lease sales shall be as follows:
(1) Separate tracts. A separate bid showing the tract number and legal description must be filed on each tract. Each tract will be leased separately to the highest responsible bidder.
(2) Public Auction Process. Public auctions for hard rock mining and other mineral leases shall be held in the same manner as public auctions for oil and gas leases.
(3) Total acres. Each hard rock mining and other mineral lease will be limited to a maximum of 160 acres.
Amended at 15 Ok Reg 1752, eff 5-12-98; Amended at 29 Ok Reg 1303, eff 6-25-12
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