97-13495. Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico

[Federal Register Volume 62, Number 99 (Thursday, May 22, 1997)]
[Notices]
[Page 28062]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-13495]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[NM-932-1310-01; OKNM 89758]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; 
New Mexico

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Under the provisions of Public Law 97-451, a petition for 
reinstatement of Oil and Gas Lease OKNM 89758, Roger Mills County, 
Oklahoma, was timely filed and was accompanied by all required rentals 
and royalties accruing from November 1, 1996, the date of 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. The 
lessee has paid the required $500.00 administrative fee and has 
reimbursed the Bureau of Land Management for the cost of this Federal 
Register notice.
    The lessee has met all the requirements for reinstatement of the 
lease as set in Section 31 (d) and (e) of the Mineral Leasing Act of 
1920, as amended (30 U.S.C. 188), and the Bureau of Land Management is 
proposing to reinstate the lease effective November 1, 1996, subject to 
the original terms and conditions of the lease and the increased rental 
and royalty rates cited above.
    For further information contact: Angela Trujillo, BLM, New Mexico 
State Office, [phone].

    Dated: May 14, 1997.
Angela Trujillo,
Land Law Examiner, Fluids Adjudication Team.
[FR Doc. 97-13495 Filed 5-21-97; 8:45 am]
BILLING CODE 4310-FB-M