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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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