66 FR 85 pg. 22002 - New Mexico: Proposed Reinstatement of Terminated Oil and Gas Lease
Type: NOTICEVolume: 66Number: 85Page: 22002
Docket number: [NM-930-1310-01; OKNM 101622]
FR document: [FR Doc. 01-10913 Filed 5-1-01; 8:45 am]
Agency: Interior Department
Sub Agency: Land Management Bureau
Official PDF Version: PDF Version
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[NM-930-1310-01; OKNM 101622]
New Mexico: Proposed Reinstatement of Terminated Oil and Gas Lease
Under the provisions of Public Law 97-451, a petition for reinstatement of oil and gas lease OKNM 101622 for lands in Leflore County, Oklahoma, was timely filed and was accompanied by all required rentals and royalties accruing from December 1, 2000, 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 or fraction thereof and 16 2⁄3 percent, respectively. The lessee has paid the required $500 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 sections 31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188), and the Bureau of Land Management is proposing to reinstate the lease effective December 1, 2000, subject to the original terms and conditions of the lease and the increased rental and royalty rates cited above.
FOR FURTHER INFORMATION CONTACT:
Gloria S. Baca, BLM, New Mexico State Office, (505) 438-7566.
Dated: April 19, 2001.
Gloria S. Baca,
Land Law Examiner.
[FR Doc. 01-10913 Filed 5-1-01; 8:45 am]
BILLING CODE 4310-FB-M