BUREAU OF OCEAN ENERGY MANAGEMENT ISSUES PROPOSED RULE: RISK MANAGEMENT AND FINANCIAL ASSURANCE FOR OCS LEASE AND GRANT OBLIGATIONS; EXTENSION OF PUBLIC COMMENT PERIOD

WASHINGTON, May 8 -- Bureau of Ocean Energy Management has issued a proposed rule called: Risk Management and Financial Assurance for OCS Lease and Grant Obligations; Extension of Public Comment Period.

The proposed rule was published in the Federal Register on May 8 by Jennafer L. Foreman, Chief of Staff, BOEM, Exercising the Delegated Authority of the BOEM Director.

Summary: The Bureau of Ocean Energy Management (BOEM) is extending the public comment period on our notice of proposed rulemaking (NPRM) titled "Risk Management and Financial Assurance for OCS Lease and Grant Obligations" by seven days. Comments previously submitted need not be resubmitted and will be fully considered.

For more information, contact Karen Thundiyil, Office D...