98-17025. Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico

[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: 98-17025]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management
[NM-932-1310-01; OKNM 84747]


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 Pub. L. 97-451, a petition for 
reinstatement of Oil and Gas Lease OKNM 84747, for lands in Roger Mills 
County, Oklahoma, was timely filed and was accompanied by all required 
rentals and royalties accruing from April 7, 1998, 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 $10.00 per acre 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 out 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 April 7, 1998, 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: June 17, 1998.
Angela Trujillo,
Land Law Examiner, Fluids Adjudication Team.
[FR Doc. 98-17025 Filed 6-25-98; 8:45 am]
BILLING CODE 4310-FB-M