Definitions.
15 C.F.R. § 970.2401
in effectEffective: 2024-07-01(a) Engage in exploration means:
(1) To cause or authorize exploration to occur, including but not limited to a person's actions as a sponsor, principal, or purchaser of exploration services; or
(2) To conduct exploration on behalf of a person described in paragraph (a)(1) of this section.
(b) [Reserved]
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-15.xmlFetched: 7/26/2026