97-1915. Colorado; Proposed Reinstatement of Terminated Oil and Gas Lease

[Federal Register Volume 62, Number 17 (Monday, January 27, 1997)]
[Notices]
[Page 3910]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1915]


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DEPARTMENT OF THE INTERIOR
[CO-934-97-5700-00; COC58657]


Colorado; Proposed Reinstatement of Terminated Oil and Gas Lease

    Under the provisions of Public Law 97-451, a petition for 
reinstatement of oil and gas lease COC58657, Archuleta County, 
Colorado, was timely filed and was accompanied by all required rentals 
and royalties accruing from January 1, 1997 the date of termination.
    No valid lease has been issued affecting the lands. The lessee has 
agreed to new lease terms for rentals and royalties at rates of $10 per 
acre and 16\2/3\ percent, respectively. The lessee has paid the 
required $500 administrative fee for the lease and has reimbursed the 
Bureau of Land Management for the cost of this Federal Register notice.
    Having met all the requirements for reinstatement of the lease as 
set out in Section 31(d) and (e) of the Mineral Leasing Act of 1920, as 
amended, (30 U.S.C. 188(d) and (e), the Bureau of Land Management is 
proposing to reinstate the lease effective January 1, 1997, subject to 
the original terms and condition of the lease and the increased rental 
and royalty rates cited above.
    Questions concerning this notice may be directed to Milada 
Krasilinec of the Colorado State Office [phone].

    Dated: January 13, 1997.
Milada Krasilinec,
Land Law Examiner, Oil and Gas Management Team.
[FR Doc. 97-1915 Filed 1-24-97; 8:45 am]
BILLING CODE 4310-JB-M