[Federal Register Volume 72, Number 85 (Thursday, May 3, 2007)]
[Notices]
[Pages 24597-24598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-8487]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[NM-920-1310-07; TXNM 115038; TXNM 115041; TXNM 115043]


Proposed Reinstatement of Terminated Oil and Gas Leases TXNM 
115038; TXNM 115041; TXNM 115043

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice of Reinstatement of Terminated Oil and Gas Leases.

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SUMMARY: Pursuant to the provisions of 43 CFR 3108.2-3(b)(2), Pinnacle 
Operating Company, Inc. timely filed a petition for reinstatement of 
oil and gas leases TXNM 115038, TXNM 115041 and TXNM 115043 for lands 
in Sabine County, Texas, and was accompanied by all required rentals 
and royalties accruing from December 1, 2006, the date of termination.

[[Page 24598]]


FOR FURTHER INFORMATION CONTACT: Becky C. Olivas, BLM, New Mexico State 
Office, (505) 438-7609.

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 $500.00 
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 leases 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 leases 
effective December 1, 2006, subject to the original terms and 
conditions of the leases and the increased rentals and royalty rates 
cited above.

    Dated: April 25, 2007.
Becky C. Olivas,
Land Law Examiner, Fluids Adjudication Team 1.
 [FR Doc. E7-8487 Filed 5-2-07; 8:45 am]
BILLING CODE 4310-FB-P