Or. Admin. Code § 141-070-0080

Current through Register Vol. 63, No. 12, December 1, 2024

Section 141-070-0080 - Auction Notice

When the Director determines that sufficient lands have been nominated as described in OAR 141-070-0050, an auction date will be established and details pertaining thereto will be announced to all interested parties as follows:

(1) The Division will maintain a mailing list consisting of oil and gas lessees, previous bidders, parties who have requested inclusion on the list, affected state agencies, other governmental bodies and other interested parties as determined by the Division. When arrangements are finalized, a notice of auction, including date, time, place, minimum bid amount, legal description of the offered lands, and the type of auction, will be mailed to those on the above described list.

(2) The Division will give at least one public notice of each auction by publication in a newspaper of general circulation in the county in which the lands are located, at least 30 days prior to the auction date. The published notice will include the date, time, place, minimum bid amount, legal description of the offered lands, and the type of auction.

(3) All parties on the mailing list will be notified if the auction is cancelled or postponed.

Or. Admin. Code § 141-070-0080

LB 3-1988, f. & cert. ef. 9-19-88

Stat. Auth.: ORS 273

Stats. Implemented: ORS 273 .780 - ORS 273 .790