97-12330. Utah; Proposed Reinstatement of Terminated Oil and Gas Lease

[Federal Register Volume 62, Number 91 (Monday, May 12, 1997)]
[Notices]
[Page 25968]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12330]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[UTU-74977]


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-74977 for lands in San Juan County, Utah, was timely 
filed and required rentals accruing from January 1, 1997, the date of 
termination, have been paid.
    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 $500 
administrative fee has been paid and the lessee has 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-74977, effective January 1, 1997, subject to the 
original terms and conditions of the lease and the increased rental and 
royalty rates cited above.
Robert Lopez,
Group Leader, Minerals Adjudication Group.
[FR Doc. 97-12330 Filed 5-9-97; 8:45 am]
BILLING CODE 4310-DQ-M