[Federal Register Volume 65, Number 229 (Tuesday, November 28, 2000)]
[Notices]
[Page 70934]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-30184]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[NM-930-1310-01; NMNM 0 48342]


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 NMNM 0 48342 for lands in Eddy 
County, New Mexico, was timely filed and was accompanied by all 
required rentals and royalties accruing from December 1, 1999, 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 $5.00 
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, 1999, subject to 
the original terms and conditions of the lease and the increased rental 
and royalty rates cited above.

FOR FURTHER INFORMATION CONTACT: Margo C. Sena, BLM, New Mexico State 
Office, (505) 438-7457.

    Dated: November 16, 2000.
Margo C. Sena,
Land Law Examiner.
[FR Doc. 00-30184 Filed 11-27-00; 8:45 am]
BILLING CODE 4310-FB-M