[Federal Register Volume 61, Number 122 (Monday, June 24, 1996)]
[Notices]
[Page 32458]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15944]



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DEPARTMENT OF THE INTERIOR
[NM-930-1310-01; NMNM 60584]


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 provision of Public Law 97-451; a petition for 
reinstatement of Oil and Gas Lease NMNM 60584, Lea County, New Mexico, 
was timely filed and was accompanied by all required rentals and 
royalties accruing from April 1, 1996, 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 $5.00 per 
acre, or fraction thereof, and 16\2/3\ percent, respectively. Payment 
of a $500.00 administration 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 April 1, 1996, 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:
Becky C. Olivas, BLM, New Mexico State Office, (505) 438-7609.

    Dated: June 13, 1996.
Becky C. Olivas,
Land Law Examiner.
[FR Doc. 96-15944 Filed 6-21-96; 8:45 am]
BILLING CODE 4310-FB-M