[Federal Register Volume 70, Number 83 (Monday, May 2, 2005)]
[Notices]
[Pages 22685-22686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-8630]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[WY-920-1310-01; WYW145707]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice of proposed reinstatement and rental/royalty reduction 
of terminated oil and gas lease.

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SUMMARY: Under the provisions of 30 U.S.C. 188(d) and (e), and 43 CFR 
3108.2-3(a), the Bureau of Land Management (BLM) received a petition 
for reinstatement of oil and gas lease WYW145707 for lands in Big Horn 
County, Wyoming. The petition was filed on time, was accompanied by all 
the rentals due since the date the lease terminated and, in accordance 
with 30 U.S.C. 188(i)(2) and 43 CFR 3108.2-3(f) included a request for 
reduced rental and royalty.

FOR FURTHER INFORMATION CONTACT: Bureau of Land Management, Pamela J. 
Lewis, Chief, Fluid Minerals Adjudication, at (307) 775-6176.

SUPPLEMENTARY INFORMATION: The lessee has agreed to the amended lease 
terms for rental and royalty at rates of $10.00 per acre or fraction of 
an acre per year and 16\2/3\ percent, respectively. However, this 
office is of the opinion that the lessees request for reduced rental 
and royalty rates contains sufficient evidence to determine that in the 
absence of granting a reduction of the rental and royalty rates to that 
of the original lease terms, undue economic

[[Page 22686]]

hardship will occur and that it is equitable to do so. Therefore, upon 
reinstatement the rental and royalty rates for lease WYW145707 will 
remain at $2.00 per acre or fraction of an acre per year and 12\1/2\ 
percent, respectively. The lessee has paid the required $500 
administrative fee and $166 to reimburse the Department for the cost of 
this Federal Register notice. The lessee has met all the requirements 
for reinstatement of the lease as set out in Section 31(d) and (e) of 
the Mineral Lands Leasing Act of 1920 (30 U.S.C. 188), and the Bureau 
of Land Management is proposing to reinstate lease WYW145707 effective 
August 1, 2003, under the original terms and conditions of the lease, 
rates cited above. BLM has not issued a valid lease affecting the 
lands.

Pamela J. Lewis,
Chief, Fluid Minerals Adjudication.
[FR Doc. 05-8630 Filed 4-29-05; 8:45 am]
BILLING CODE 4310-22-P