[Federal Register Volume 70, Number 134 (Thursday, July 14, 2005)]
[Notices]
[Page 40725]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-13875]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[NM-920-1310-05; TXNM 107338]


Proposed Reinstatement of Terminated Oil and Gas Lease TXNM 
107338

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice of reinstatement of terminated oil and gas lease.

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SUMMARY: Under the provisions of Public Law 97-451, Philip Rice timely 
filed a petition for reinstatement of oil and gas lease TXNM 107338 for 
lands in Wise County, Texas, and it was accompanied by all required 
rentals and royalties accruing from December 1, 2004, the date of 
termination.

FOR FURTHER INFORMATION CONTACT: Lourdes B. Ortiz, BLM, New Mexico 
State Office, (505) 438-7586.

SUPPLEMENTARY INFORMATION: No valid lease has been issued affecting the 
lands. The lessee has agreed to new lease terms for rentals and 
royalties at rates of $10.00 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, 2004, subject to the original terms and 
conditions of the lease and the increased rental and royalty rates 
cited above.

    Dated: June 9, 2005.
Lourdes B. Ortiz,
Land Law Examiner.
[FR Doc. 05-13875 Filed 7-13-05; 8:45 am]
BILLING CODE 4310-FB-P