[Federal Register Volume 62, Number 140 (Tuesday, July 22, 1997)]
[Notices]
[Page 39249]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-19186]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[ES-930-07-1320-241A; ALES 47886]
Alabama: Notice of Coal Lease Offering; Coal Lease Application
ALES 47886
AGENCY: Bureau of Land Management, Interior.
ACTION: Competitive coal lease offering by sealed bid.
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SUMMARY: Notice is hereby given that as a result of a Coal Lease
Application filed by Oak Mountain Energy Corporation, for the Jesse
Creek Tract described below will be offered for competitive lease by
sealed bid. This is in accordance with the provisions of the Federal
Mineral Leasing Act of 1920, as amended and supplemented (30 U.S.C. 181
et seq). The tract consists of private surface with federally-owned
coal. The coal tract to be offered is underground-minable, potentially
bypass coal. The coal tract is described as the Jesse Creek Federal
Mineral Tract in the Thompson, Gholson, Clark and Coke (Youngblood)
Seams, T. 21 S., R. 4 W., Shelby County, Alabama containing 40.47
acres. The Jesse Creek Federal Mineral Tract will be leased to the
highest qualified bidder provided that the high bid equals or exceeds
the Fair Market Value (FMV) for the tract as determined by the
Authorized Officer. The Department has established a minimum bid of
$100.00 per acre or fraction therof for the tract. The minimum bid may
not represent the amount for which the tract may actually be issued,
since FMV will be determined in a separate postsale analysis.
DATES: The lease sale will be held at 10 a.m. Thursday, August 21,
1997. Each bid must be clearly identified on the outside of the sealed
envelope containing the bid. The bid should be sent by certified mail,
return receipt or be hand delivered on or before 4:30 p.m., Wednesday,
August 20, 1997 to the Bureau of Land Management at the address below.
If any bid is received after the time specified it will not be
considered.
ADDRESSES: The sale will be held at the Bureau of Land Management,
Eastern States, 7450 Boston Boulevard, Springfield, Virginia 22153.
SUPPLEMENTARY INFORMATION: Any lease issued as a result of this
offering will require an annual rental payment of $3.00 per acre and a
royalty payable to the United States of 8.0 percent of the value of the
coal mined by underground methods. The value of the coal shall be
determined in accordance with 43 CFR 3485.2. Bidding instructions and
bidder qualifications are included in the Detailed Statement.
FOR FURTHER INFORMATION CONTACT:
Copies of the Detailed Statement and of the proposed coal lease and
casefile documents are available at the Bureau of Land Management,
Eastern States, 7450 Boston Boulevard, Springfield, Virginia 22153.
Please contact Ida V. Doup at (703) 440-1541.
Dated: July 17, 1997.
David R. Stewart,
Acting Deputy State Director, Division of Resources Planning, Use and
Protection.
[FR Doc. 97-19186 Filed 7-21-97; 8:45 am]
BILLING CODE 4310-GJ-M
