[Federal Register Volume 73, Number 128 (Wednesday, July 2, 2008)]
[Notices]
[Page 37985]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-14977]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[NV-923-1310-FI; NVN-74775; 8-08807; TAS: 14x1109]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease; 
Nevada

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Pursuant to the provisions of 30 U.S.C. 188(d) and (e), and 43 
CFR 3108.2-3(a) and (b)(1), a petition for reinstatement of oil and gas 
lease NVN-74775 for lands in Eureka County, Nevada, was timely filed 
and was accompanied by all the required rentals accruing from August 1, 
2006, the date of termination. No valid lease has been issued affecting 
the lands. The lessee, Newmont Mining Corporation has agreed to new 
lease terms for rentals and royalties at rates of $10 per acre or 
fraction thereof and 16\2/3\ percent, respectively. Newmont Mining 
Corporation has paid the required $500 administrative fee and has 
reimbursed the Bureau of Land Management (BLM) for the cost of this 
Federal Register notice. Newmont Mining Corporation 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 BLM is proposing to reinstate the lease effective August 1, 2006, 
subject to the original terms and conditions of the lease and the 
increased rental and royalty rates cited above.

FOR FURTHER INFORMATION CONTACT: Chris Pulliam, BLM Nevada State 
Office, 775-861-6506.

    Authority: 43 CFR 3108.2-3(a).

    Dated: June 18, 2008.
Gary Johnson,
Deputy State Director, Minerals Management.
[FR Doc. E8-14977 Filed 7-1-08; 8:45 am]
BILLING CODE 4310-HC-P