[Federal Register Volume 73, Number 61 (Friday, March 28, 2008)]
[Notices]
[Page 16707]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-6345]


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

DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[MT-922-08-1310-FI-P; MTM 93982 and MTM 93983]


Notice of Proposed Reinstatement of Terminated Oil and Gas Leases 
MTM 93982 and MTM 93983

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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

SUMMARY: Per 30 U.S.C. 188(d), SBG Forever, Inc. timely filed petitions 
for reinstatement of oil and gas leases MTM 93982 and MTM 93983, 
Petroleum County, Montana. The lessee paid the required rentals 
accruing from the date of termination.
    No leases were issued that affect these lands. The lessee agrees to 
new lease terms for rentals and royalties of $5 per acre and 16\2/3\ 
percent or 4 percentages above the existing competitive royalty rate. 
The lessee paid the $500 administration fee for the reinstatement of 
each lease and $163 cost for publishing this Notice.
    The lessee met the requirements for reinstatement of the leases per 
Sec. 31 (d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188). 
We are proposing to reinstate the leases, effective the date of 
termination subject to:
     The original terms and conditions of the leases;
     The increased rental of $5 per acre;
     The increased royalty of 16\2/3\ percent or 4 percentages 
above the existing competitive royalty rate; and
     the $163 cost of publishing this Notice.

FOR FURTHER INFORMATION CONTACT: Karen L. Johnson, Chief, Fluids 
Adjudication Section, BLM Montana State Office, 5001 Southgate Drive, 
Billings, Montana 59101-4669, 406-896-5098.

    Dated: March 24, 2008.
Karen L. Johnson,
Chief, Fluids Adjudication Section.
 [FR Doc. E8-6345 Filed 3-27-08; 8:45 am]
BILLING CODE 4310-$$-P