95-19850. Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; New Mexico

[Federal Register Volume 60, Number 155 (Friday, August 11, 1995)]
[Notices]
[Pages 41097-41098]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-19850]



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DEPARTMENT OF THE INTERIOR
[NM-930-1310-01; NMNM 90906]


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 

[[Page 41098]]
reinstatement of Oil and Gas Lease NMNM 90906, Lea County, New Mexico, 
was timely filed and was accompanied by all required rentals and 
royalties accruing from June 1, 1995, 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. Payment of a 
$500.00 administrative fee has been made. Having 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(d) 
and (e)), the Bureau of Land Management is proposing to reinstate the 
lease effective June 1, 1995, subject to the original terms and 
conditions of the lease and the increased rental and royalty rates 
cited above, and the reimbursement for cost of publication of this 
Notice.

for further information contact: Gloria S. Baca, BLM, New Mexico State 
Office, [phone].

    Dated: August 3, 1995.
Gloria S. Baca,
Land Law Examiner.
[FR Doc. 95-19850 Filed 8-10-95; 8:45 am]
BILLING CODE 4310-FB-M