94-8545. Utah; Proposed Reinstatement of Terminated Oil and Gas Lease

[Federal Register Volume 59, Number 69 (Monday, April 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-8545]


[[Page Unknown]]

[Federal Register: April 11, 1994]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[UTU-49608]

 

Utah; Proposed Reinstatement of Terminated Oil and Gas Lease

    In accordance with Title IV of the Federal Oil and Gas Royalty 
Management Act (Pub. L. 97-451), a petition for reinstatement of oil 
and gas lease UTU-49608 for lands in Summit County, Utah, was timely 
filed and required rentals accruing from November 1, 1993, the date of 
termination, have been paid.
    The lessees have agreed to new lease terms for rentals and 
royalties at rates of $5 per acre and 16\2/3\ percent, respectively. 
The $500 administrative fee has been paid and the lessees have 
reimbursed the Bureau of Land Management for the cost of publishing 
this 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 
(30 U.S.C. 188), the Bureau of Land Management is proposing to 
reinstate lease UTU-49608, effective November 1, 1993, subject to the 
original terms and conditions of the lease and the increased rental and 
royalty rates cited above.
Robert Lopez,
Chief, Minerals Adjudication Section.
[FR Doc. 94-8545 Filed 4-8-94; 8:45 am]
BILLING CODE 4310-DQ-M