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§ 3105.32 Purpose.

43 CFR 3105.32

Citation43 CFR 3105.32
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 3105.32 Purpose.

Approval of operating, drilling or development contracts will be granted only to permit operators or pipeline companies to enter into contracts with a number of lessees sufficient to justify operations on a scale large enough to justify the discovery, development, production or transportation of oil or gas and to finance the same.