The leasing of offshore tracts for the production of oil, gas, and sulphur shall be by sealed bids. Bids shall be submitted on forms supplied by the Board, or image copies thereof. To be considered, bids shall be received at the Department of State Lands, 775 Summer St. NE, Ste. 100, Salem, OR 97301-1279, before the time designated in the public notice of the offer to lease.

Statutory/Other Authority

ORS 274

Statutes/Other Implemented

ORS 274.735

History

LB 6, f. & ef. 9-17-64