98-12211. Utah; Proposed Reinstatement of Terminated Oil and Gas Leases

[Federal Register Volume 63, Number 89 (Friday, May 8, 1998)]
[Notices]
[Page 25520]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12211]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[UTU-60470, UTU-69463]


Utah; Proposed Reinstatement of Terminated Oil and Gas Leases

    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 leases UTU-60470 and UTU-69463 for lands in Carbon County, 
Utah, was timely filed and required rentals accruing from April 1, 
1998, the date of termination, have been paid.
    The lessee has 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 for each lease 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 leases UTU-60470 and UTU-69463, effective April 1, 1998, 
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. 98-12211 Filed 5-7-98; 8:45 am]
BILLING CODE 4310-DQ-M