[Federal Register Volume 72, Number 85 (Thursday, May 3, 2007)]
[Notices]
[Page 24598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-8488]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[NM-920-1310-07; TXNM 115039]


Proposed Reinstatement of Terminated Oil and Gas Lease TXNM 
115039

AGENCY: Bureau of Land Management, Interior.

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

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SUMMARY: Pursuant to the provisions of 43 CFR 3108.2-3(b)(2), Energy 
Equities, Inc. timely filed a petition for reinstatement of oil and gas 
lease TXNM 115039 for lands in Shelby County, Texas, and was 
accompanied by all required rentals and royalties accruing from 
December 1, 2006, the date of termination.

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 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, 2006, subject to the original terms and 
conditions of the lease 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. E7-8488 Filed 5-2-07; 8:45 am]
BILLING CODE 4310-FB-P