[Federal Register Volume 60, Number 68 (Monday, April 10, 1995)]
[Notices]
[Page 18142]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-8689]
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DEPARTMENT OF THE INTERIOR
[CO-933-95-1320-01; COC 56447]
Notice of Coal Lease Offering by Sealed Bid; COC 56447
AGENCY: Bureau of Land Management, Interior.
ACTION: Notice of competitive coal lease sale.
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SUMMARY: Bureau of Land Management, Colorado State Office, Lakewood,
Colorado, hereby gives notice that certain coal resources in the lands
hereinafter described in Gunnison County, Colorado, will be offered for
competitive lease by sealed bid in accordance with the provisions of
the Mineral Leasing Act of 1920, as amended (30 U.S.C. 181 et seq.).
DATES: The lease sale will be held at 11 a.m., Monday, May 15, 1995.
Sealed bids must be submitted no later than 10 a.m., Monday, May 15,
1995.
ADDRESSES: The lease sale will be held in the Conference Room, Fourth
Floor, Colorado State Office, 2850 Youngfield Street, Lakewood,
Colorado. Sealed bids must be submitted to the Cashier, First Floor,
Colorado State Office, 2850 Youngfield Street, Lakewood, Colorado
80215.
FOR FURTHER INFORMATION CONTACT: Karen Purvis at (303) 239-3795.
SUPPLEMENTARY INFORMATION: The tract will be leased to the qualified
bidder submitting the highest offer, provided that the high bid meets
the fair market value determination of the coal resource. The minimum
bid for this tract is $100 per acre or fraction thereof. No bid less
than $100 per acre or fraction thereof will be considered. The minimum
bid is not intended to represent fair market value.
Sealed bids received after the time specified above will not be
considered.
In the event identical high sealed bids are received, the tying
high bidders will be requested to submit follow-up sealed bids until a
high bid is received. All tie-breaking sealed bids must be submitted
within 15 minutes following the Sale Official's announcement at the
sale that identical high bids have been received.
Fair market value will be determined by the authorized officer
after the sale.
Coal Offered: The coal resource to be offered is limited to coal
recoverable by underground mining methods in the B and D/E coal seams
on the Box Canyon Tract in the following lands:
Sixth Principal Meridian
T. 13 S., R. 90 W., 6th P.M.
Sec. 10, SE\1/4\SE\1/4\;
Sec. 11, lots 9 to 12, inclusive, and SW\1/4\SE\1/4\;
Sec. 14, lots 1 to 16, inclusive;
Sec. 15, lots 1 to 4, inclusive, and E\1/2\W\1/2\SW\1/4\;
Sec. 22, lots 1 to 16, inclusive;
Sec. 23, lots 1 to 16, inclusive;
Sec. 26, lots 1 to 16, inclusive.
The land described contains 2,769.67 acres, more or less.
Total recoverable reserves are estimated to be 37 million tons. The
B and D/E seams underground minable coal is ranked as high volatile C
bituminous coal. The estimated coal quality for the B seam on an as-
received basis is as follows:
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12,975
Btu Btu/lb.
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Moisture (percent)........................................... 5.66
Sulfur Content (percent)..................................... 0.57
Ash Content (percent)........................................ 7.66
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The estimated coal quality for the D/E seam on an as-received basis
is as follows:
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12,162
Btu Btu/lb.
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Moisture (percent)........................................... 6.45
Sulfur Content (percent)..................................... 0.57
Ash Content (percent)........................................ 9.31
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Rental and Royalty: The lease issued as a result of this offering
will provide for payment of an annual rental of $3.00 per acre or
fraction thereof and a royalty payable to the United States of 8
percent of the value of coal mined by underground methods. The value of
the coal will be determined in accordance with 30 CFR 206.
Notice of Availability: Bidding instructions for the offered tract
are included in the Detailed Statement of Coal Lease Sale. Copies of
the statement and the proposed coal lease are available upon request in
person or by mail from the Colorado State Office at the address given
above. The case file is available for inspection in the Public Room,
Colorado State Office, during normal business hours at the address
given above.
Dated: March 30, 1995.
Karen A. Purvis,
Solid Minerals Team Resource Services.
[FR Doc. 95-8689 Filed 4-7-95; 8:45 am]
BILLING CODE 4310-JB-M
