94-25934. Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico

[Federal Register Volume 59, Number 202 (Thursday, October 20, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25934]


[[Page Unknown]]

[Federal Register: October 20, 1994]


-----------------------------------------------------------------------

DEPARTMENT OF THE INTERIOR
[NM-930-1310-01; NMNM 78274]

 

Proposed Reinstatement of Terminated Oil and Gas Lease; New 
Mexico

agency: Bureau of Land Management, Interior.

action: Notice.

-----------------------------------------------------------------------

summary: Under the provisions of Public Law 97-451, a petition for 
reinstatement of Oil and Gas Lease NMNM 78274, Lea County, New Mexico, 
was timely filed and was accompanied by all required rentals and 
royalties accruing from December 1, 1993, the date of the termination. 
No valid lease has been issued affecting the land. The lessee has 
agreed to new lease terms for rentals and royalties at rates of $10.00 
per acre, or fraction thereof, and 16\2/3\ percent, respectively. 
Payment of a $500.00 administrative fee has been made. Having met all 
the requirements for reinstatement of the lease as set in section 31 
(d) and (e), the Bureau of Land Management (BLM) is proposing to 
reinstate the lease effective December 1, 1993, subject to the original 
terms and conditions of the lease, the increased rental and royalty 
rates cited above, and the reimbursement for cost of publication of 
this Notice.

for further information contact: Angela Trujillo, BLM, New Mexico State 
Office, [phone].

    Dated: October 7, 1994.
Angela Trujillo,
Chief, Lease Maintenance Unit.
[FR Doc. 94-25934 FIled 10-19-94; 8:45 am]
BILLING CODE 4310-FB-M