Utah Admin. Code 850-25-200

Current through Bulletin 2024-18, September 15, 2024
Section R850-25-200 - Mineral Lease Issuance
1. The director may issue mineral leases competitively, non-competitively or enter into joint ventures or other business arrangements for the disposition of mineral deposits in accordance with the Act.
2. A mineral lease shall not be issued for a parcel less than a quarter-quarter section or surveyed lot unless approved by the director.
3. Mineral leases shall be limited to no more than 2,560 acres or four sections unless approved by the director.
4. A mineral lease may be terminated by the director in whole or part for lessee's failure to comply with any term or condition of the lease or applicable laws and rules.

Utah Admin. Code R850-25-200