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Mineral lease holders can report damage due to flooding

"Force Majeure" Policy

Monday, May 16, 2011

The state Department of Natural Resources’ Office of Mineral Resources has notified operators and lease holders in the areas of flooding to report damages and shut-ins within 90 days of the event. 

 

See Memo from Office of Mineral Resources

 

The state Mineral and Energy Board has a Force Majeure policy adopted in 2005, regarding actions to be taken due to damage to leases during a natural disaster.

 

See How to Guide on Force Majeure

 

For more information, contact DNR Office of Mineral Resources, Charles Bradbury at 225-342-9199.

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