Utah Administrative Code
Topic - Natural Resources
Title R652 - Forestry, Fire and State Lands
Rule R652-20 - Mineral Resources
Section R652-20-2600 - Term of Mineral Lease
Universal Citation: UT Admin Code R 652-20-2600
Current through Bulletin 2024-18, September 15, 2024
The term of all mineral leases included in any cooperative or unit plan of oil and gas development or operation in which the division has joined, or shall hereafter join, shall be extended automatically for the term of the unit or cooperative agreement. Rentals on leases so extended shall be at the rate specified in the lease, subject to the change in rates as may be demanded by the lessor on any lease readjustment date as authorized by the lease.
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