[Federal Register Volume 69, Number 101 (Tuesday, May 25, 2004)]
[Notices]
[Pages 29743-29744]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-11723]


-----------------------------------------------------------------------

DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[CO-921-04-1320-EL; COC 67011]


Notice of Coal Lease Offering by Sealed Bid; COC 67011

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice of competitive coal lease sale.

-----------------------------------------------------------------------

SUMMARY: Bureau of Land Management, Colorado State Office, Lakewood, 
Colorado, hereby gives notice that certain coal resources in the lands 
hereinafter described in Gunnison County, Colorado, will be offered for 
competitive lease by sealed bid in accordance with the provisions of 
the Mineral Leasing Act of 1920, as amended (30 U.S.C. 181 et seq.).

DATES: The lease sale will be held at 11 a.m., Thursday, July 1, 2004. 
Sealed bids must be submitted no later than 10 a.m., Thursday, July 1, 
2004.

ADDRESSES: The lease sale will be held in the Conference Room, Fourth 
Floor, Colorado State Office, 2850 Youngfield Street, Lakewood, 
Colorado. Sealed bids must be submitted to the Cashier, Colorado State 
Office, 2850 Youngfield Street, Lakewood, Colorado 80215.

FOR FURTHER INFORMATION CONTACT: Karen Purvis at 303-239-3795.

SUPPLEMENTARY INFORMATION: The tract will be leased to the qualified 
bidder submitting the highest offer, provided that the high bid meets 
the fair market value determination of the coal resource. The minimum 
bid for this tract is $100 per acre or fraction thereof. No bid less 
than $100 per acre or fraction thereof will be considered. The minimum 
bid is not intended to represent fair market value.
    Sealed bids received after the time specified above will not be 
considered.
    In the event identical high sealed bids are received, the tying 
high bidders will be requested to submit follow-up bids until a high 
bid is received. All tie-breaking sealed bids must be submitted within 
15 minutes following the Sale Official's announcement at the sale that 
identical high bids have been received.
    Fair market value will be determined by the authorized officer 
after the sale.
    Coal Offered: The coal resource offered is limited to coal 
recoverable by underground mining methods in the B seam in the 
following lands:

T. 13 S., R. 90 W., 6th P.M.
    Sec. 12, lots 8 to 10, inclusive;
    Sec. 13, lots 2 to 7, inclusive, and lots 10 to 15, inclusive.
    Sec. 24, lots 4 and 5.


[[Page 29744]]


    Contains approximately 690.95 acres.

    Total recoverable reserves are estimated to be 2.3 million tons. 
The underground minable coal in the B seam is ranked as high volatile B 
bituminous coal. The estimated coal quality on an as-received basis is 
as follows:

Btu--12,136 Btu/lb.
Moisture--5.52%
Sulfur Content--0.60%
Ash Content--12.20%

    Rental and Royalty: The lease issued as a result of this offering 
will provide for payment of an annual rental of $3.00 per acre or 
fraction thereof and a royalty payable to the United States of 8 
percent of the value of coal mined by underground methods. The value of 
the coal will be determined in accordance with 30 CFR 206.
    Notice of Availability: Bidding instructions for the offered tract 
are included in the Detailed Statement of Coal Lease Sale. Copies of 
the statement and the proposed coal lease are available upon request in 
person or by mail from the Colorado State Office at the address given 
above. The case file is available for inspection in the Public Room, 
Colorado State Office, during normal business hours at the address 
given above.

    Dated: March 24, 2004.
Karen Purvis,
Solid Minerals Staff, Division of Energy, Lands and Minerals.
[FR Doc. 04-11723 Filed 5-24-04; 8:45 am]
BILLING CODE 4310-JB-P