[Federal Register Volume 70, Number 83 (Monday, May 2, 2005)]
[Notices]
[Pages 22686-22687]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-8633]


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

DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[WY-920-1310-01; WYW145694]


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.

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

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 WYW145694 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

[[Page 22687]]

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 hardship will occur and that it is equitable to do so. 
Therefore, upon reinstatement the rental and royalty rates for lease 
WYW145694 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 WYW145694 
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. 05-8633 Filed 4-29-05; 8:45 am]
BILLING CODE 4310-22-P