,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #afac  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ah1 #bjac ,mr4
 ,duncan ( ,s\? ,c>ol9a 7= himself1 ,mr4
 ,ha/+s ( ,wa%+ton1 & ,mr4 ,salmon7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,natural ,res\rces1 & 9
 addition to ! ,committees on ,=eign    
,affairs & ,f9ancial ,s]vices1 = a p]iod
 to be subsequ5tly det]m9$ by ! ,speak]1
 9 ea* case = consid]ation ( su*        
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to am5d !
 ,out] ,cont95tal ,%elf ,l&s ,act to    
provide = ! prop] ,f$]al managem5t &    
ov]sight ( transb\nd>y hydroc>bon       
res]voirs1 & = o!r purposes4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,out]   
,cont95tal ,%elf ,transb\nd>y           
,hydroc>bon ,agreem5ts ,au?orization    
,act4  ,i ,am5dm5t to ! ,out] ,cont95tal
 ,%elf ,l&s ,act  #aja4 ,am5dm5t to !   
,out] ,cont95tal ,%elf ,l&s ,act ,!     
,out] ,cont95tal ,%elf ,l&s ,act 7#dc   
,u4,s4,c4 #acca et seq47 is am5d$ by    

add+ at ! end ! foll[+3  #cb4           
,transb\nd>y hydroc>bon agreem5ts  7a7  
,au?orization ,! ,secret>y may implem5t 
! t]ms ( any transb\nd>y hydroc>bon     
agreem5t = ! managem5t ( transb\nd>y    
hydroc>bon res]voirs ent]$ into by !    
,presid5t & approv$ by ,congress4 ,9    
implem5t+ su* an agreem5t1 ! ,secret>y  
%all protect ! int]e/s ( ! ,unit$ ,/ates
 to promote dome/ic job creation &      
ensure ! exp$iti\s & ord]ly developm5t &
 cons]vation ( dome/ic m9]al res\rces 9 
accordance ) all applicable ,unit$      
,/ates laws gov]n+ ! exploration1       
developm5t1 & production ( hydroc>bon   
res\rces on ! out] ,cont95tal ,%elf4    
7b7 ,submission to congress  7#a7 ,9    
g5]al ,no lat] ?an #ahj days aft] all   
p>ties to a transb\nd>y hydroc>bon      
agreem5t h agre$ to its t]ms1 a         
transb\nd>y hydroc>bon agreem5t t does n
 con/itute a treaty 9 ! judgm5t ( !     
,presid5t %all be submitt$ by !         
,secret>y to--  7,a7 ! ,speak] ( ! ,h\se
 ( ,repres5tatives2  7,b7 ! ,majority   

,lead] ( ! ,s5ate2  7,c7 ! ,*air ( !    
,committee on ,natural ,res\rces ( !    
,h\se ( ,repres5tatives2 &  7,d7 ! ,*air
 ( ! ,committee on ,en]gy & ,natural    
,res\rces ( ! ,s5ate4  7#b7 ,cont5ts (  
submission ,! submission %all include-- 
7,a7 any am5dm5ts to ?is ,act or o!r    
,f$]al law necess>y to implem5t !       
agreem5t2  7,b7 an analysis ( ! economic
 impacts su* an agreem5t & any am5dm5ts 
necessitat$ by ! agreem5t w h on dome/ic
 exploration1 developm5t1 & production (
 hydroc>bon res\rces on ! out]          
,cont95tal ,%elf2 &  7,c7 a detail$     
description ( any regulations expect$ to
 be issu$ by ! ,secret>y to implem5t !  
agreem5t4  7c7 ,implem5tation ( specific
 transb\nd>y agreem5ts  7#a7 ,mexico ,! 
,secret>y may take actions z necess>y to
 implem5t ! t]ms ( ! ,agreem5t betwe5 ! 
,unit$ ,/ates ( ,am]ica & ! ,unit$      
,mexican ,/ates ,conc]n+ ,transb\nd>y   
,hydroc>bon ,res]voirs 9 ! ,gulf (      
,mexico1 sign$ at ,los ,cabos1 ,febru>y 
#bj1 #bjab1 includ+--  7,a7 approv+     

unitization agreem5ts & relat$ agreem5ts
 = ! exploration1 developm5t1 or        
production ( oil & natural gas f        
transb\nd>y res]voirs or geological     
/ructures2  7,b7 mak+ available1 9 !    
limit$ mann] necess>y "u ! agreem5t &   
subject to ! protections (              
confid5tiality provid$ by ! agreem5t1   
in=mation relat+ to ! exploration1      
developm5t1 & production ( oil & natural
 gas f a transb\nd>y res]voir or        
geological /ructure t may o!rwise be    
consid]$ confid5tial1 privileg$1 or     
propriet>y in=mation "u law2  7,c7 tak+ 
actions consi/5t ) an exp]t det]m9ation 
"u ! agreem5t1 provid$ t ! exp]t        
det]m9ation proce$+s 7 op5 to ! public  
to ! greate/ ext5t practicable2 &  7,d7 
ensur+ t ag5ts ( a =eign gov]nm5t may n 
/op "w or int]f]e ) exploration1        
developm5t1 or production activities z  
approv$ by ! ,secret>y4  7#b7 ,canada   
7#c7 ,russia  7#d7 ,bahamas  7#e7       
,b]muda  7d7 ,exemption f res\rces      
extraction report+ requirem5t ,actions  

tak5 by a public company 9 accordance ) 
any transb\nd>y hydroc>bon agreem5t %all
 n con/itute ! comm]cial developm5t (   
oil1 natural gas1 or m9]als = purposes (
 section #ac7q7 ( ! ,securities ,ex*ange
 ,act ( #aicd 7#aeg ,u4,s4,c4 #ghm7q774 
7e7 ,sav+s provisions ,no?+ 9 ?is       
section %all be con/ru$--  7#a7 to      
au?orize ! ,secret>y to p>ticipate 9 any
 negotiations1 conf]5ces1 or            
consultations ) ,cuba reg>d+            
exploration1 developm5t1 or production (
 hydroc>bon res\rces 9 ! ,gulf ( ,mexico
 along ! ,unit$ ,/ates m>itime bord] )  
,cuba or ! area kn[n by ! ,dep>tm5t ( ! 
,int]ior z ! ,ea/]n ,gap2 or  7#b7 z    
affect+ ! sov]eign rights & !           
jurisdiction t ! ,unit$ ,/ates has "u   
int]national law ov] ! out] ,cont95tal  
,%elf :i* app]ta9s to x4  4  ,,ii       
,approval ( ,transb\nd>y ,hydroc>bon    
,agreem5t  #bja4 ,approval ( agreem5t ) 
,mexico ,! ,agreem5t betwe5 ! ,unit$    
,/ates ( ,am]ica & ! ,unit$ ,mexican    
,/ates ,conc]n+ ,transb\nd>y ,hydroc>bon

 ,res]voirs 9 ! ,gulf ( ,mexico1 sign$  
at ,los ,cabos1 ,febru>y #bj1 #bjab1 is 
h]eby approv$4