Louisiana Administrative Code › Title 43 - NATURAL RESOURCES › Part I - Office of the Secretary › Subpart 1 - General › Chapter 11 - Leasing State Owned Lands and Water Bottoms for the Exploration, Development and Production of an Alternative Energy Source › Subchapter B - Lease Administration › Section I-1142 - Partial or Full Release of an Alternative Energy Source Lease

Current through Register Vol. 50, No. 6, June 20, 2024
A. Upon expiration or termination of an AESL,
					 in whole or in part, for any reason, the principle alternative energy source
					 lessee shall execute and record an appropriate instrument of release within 90
					 days of expiration or termination in each parish wherein the leased premises
					 are located and shall provide the board, through OMR, with a copy of the
					 recorded instrument of release from each parish wherein it is recorded properly
					 certified by the recorder for that parish. In the event the principle
					 alternative energy source lessee fails to comply, all other active
					 joint-lessees shall be jointly and solidarily liable for liquidated damages in
					 the amount of $100 per day commencing on day 91 after expiration or
					 termination. The lessee(s) shall also be responsible for reasonable attorney
					 fees and costs incurred should litigation be required for AESL
					 cancellation.
B. The release
					 instrument shall contain the AESL number and shall be signed by the principle
					 alternative energy source lessee, with the signature duly witnessed and
					 notarized. Failure to follow the notarization requirements of
					 R.S.
					 35:12 shall be grounds for rejection of the
					 release instrument.
C. Should a
					 lessee wish to release only a portion of the leased acreage, the lessee shall
					 contain the whole of the retained acreage within a single contiguous block of
					 acreage.
1. For a partial release only, the
					 lessee shall also provide the following items:
a. a written property description, fully
					 justified, using Microsoft Word. The first part shall describe and provide the
					 amount of state owned acreage released. The second part shall describe and
					 provide the amount of state owned acreage retained. X-Y coordinates shall be
					 based on the Louisiana Coordinate System of 1927, North or South Zone (as
					 applicable), shall be used, starting with an X-Y point of beginning and using
					 distance and bearings to each X-Y corner or turning point. Calculations,
					 closures and ties to existing AESLs that comply with generally accepted
					 surveying standards shall be used;
b. a plat that clearly delineates the
					 boundaries of and sets forth the state owned acreage amount released and the
					 state owned acreage amount retained. An 81/2" x 11" paper copy of the most
					 recent edition of the 71/2 minute USGS Quadrangle Map (scale 1" = 2000' or 1" =
					 3000'; or the block system of 1" = 4000', if applicable) shall be used. X-Y
					 coordinates based on the Louisiana Coordinate System of 1927, North or South
					 Zone (as applicable) shall be used, starting with an X-Y point of beginning and
					 using distance and bearings to each X-Y corner or turning point. Calculations,
					 closures and ties to existing AESLs that comply with generally accepted
					 surveying standards shall be used;