98-16991. Notice of Proposed Reinstatement of Terminated Oil and Gas Lease

[Federal Register Volume 63, Number 123 (Friday, June 26, 1998)]
[Notices]
[Page 34921]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-16991]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[MT-922-08-1310-00-P; MTM 82796]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease

    Under the provisions of Pub. L. 97-451, a petition for 
reinstatement of oil and gas lease MTM 82796, Richland County, Montana, 
was timely filed and accompanied by the required rental accruing from 
the date of termination.
    No valid lease has been issued affecting the lands. The lessee has 
agreed to new lease terms for rentals and royalties at rates of $10 per 
acre and 16-\2/3\% respectively. Payment of a $500 administration fee 
has been made.
    Having met all the requirements for reinstatement of the lease as 
set out in Sec. 31(d) and (e) of the Mineral Lands Leasing Act of 1920 
(30 U.S.C. 188), the Bureau of Land Management is proposing to 
reinstate the lease, effective as of the date of termination, subject 
to the original terms and conditions of the lease, the increased rental 
and royalty rates cited above, and reimbursement for cost of 
publication of this Notice.

    Dated: June 12, 1998.
Karen L. Johnson,
Chief, Fluids Adjudication Unit.
[FR Doc. 98-16991 Filed 6-25-98; 8:45 am]
BILLING CODE 4310-DN-P