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Federal Oil and Gas Leases: Where Are We Now and What's Next? | Holland & Hart LLP

Extension of Applications of Permit to Drill (APDs)
Lease suspension
Applications for royalty relief
Notably, the March Memo specifically states that the above list is not exhaustive. And, to the extent approval is discretionary (i.e., extensions of APDs), we suspect an oil and gas lessee or operator will have difficultly receiving approval for those above-listed actions.
Although the March Memo is not addressed to the Bureau of Indian Affairs (BIA), the Bureau of Land Management (BLM) serves as a technical advisor to the BIA and is required to approve certain actions that impact Indian tribal and individual trust and restricted lands. The March Memo fails to make this distinction, thus raising the question whether the March Memo also excludes actions taken with respect to Indian tribal and individual trust and restricted lands. ....

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88 Energy's permit application for Alaska operations hits snag as US suspends permit issuance for 60 days | 22 January 2021

Share price
88 Energy s permit application for Alaska operations hits snag as US suspends permit issuance for 60 days
22 January 2021 | 08:46am
StockMarketWire.com - Energy exploration company 88 Energy s application for a permit to drill the NPR-A region of the North Slope of Alaska hit a snag after the US announced a 60-day suspension on the issuance of new drilling permits.
The suspension of authority for the Department Bureaus and Offices on for approvals had not been completely withdrawn but has been delegated to various higher positions within the government, the company said.
The company said it was currently seeking clarification on a recently announced 60 day suspension ....

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88 Energy Shares Fall As Bureaus Suspended From Granting Drill Permits

88 Energy Shares Fall As Bureaus Suspended From Granting Drill Permits
Fri, 22nd Jan 2021 10:35
(Alliance News) - 88 Energy Ltd s shares plunged on Friday as it noted a recently announced 60-day suspension of authority for US Department Bureaus and Offices relating to the issuance of new drilling permits on Federal land.
Shares in the Alaska-focused oil producer were 24% lower at 0.46 pence on Friday in London.
The document from the US Department of the Interior said that several actions normally taken by Department Bureaus and Offices would be suspended.
This included the action: To issue any onshore or offshore fossil fuel authorization, including but not limited to a lease, amendment to a lease, affirmative extension of a lease, contract, or other agreement, or permit to drill . ....

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