[Suspension of production; authorization by commissioner of public lands; extension of primary term of lease; secondary term of lease not determined by.]
NMSA 1978, § 19-8-9
in effect19-8-9. [Suspension of production; authorization by commissioner of public lands; extension of primary term of lease; secondary term of lease not determined by.]
Provided the lessee complies with all other terms and conditions of the lease, a suspension of production authorized by the commissioner of public lands shall:
A. if it occurs during the fixed or primary term of such lease, extend the term of such lease for a period of time equal to the period of such suspension; or
B. if it occurs during the indeterminable or secondary term of such lease, prevent the lease from determining in accordance with the limitation of such lease.
1953 Comp., § 7-9-12.2, enacted by Laws 1959, ch. 178, § 2.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18519/index.do#!b/19-8-9Fetched: 10/20/2026
