[Federal Register Volume 77, Number 158 (Wednesday, August 15, 2012)]
[Notices]
[Page 49020]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-20014]


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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[LLNM920000 L13100000 FI0000; NMNM 108040]


Notice of Proposed Reinstatement of Terminated Oil and Gas Lease 
NMNM 108040, New Mexico

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Under the Class II provisions of Title IV of the Federal Oil 
and Gas Royalty Management Act of 1982, the Bureau of Land Management 
received a petition for reinstatement of oil and gas lease NMNM 108040 
from the lessees ABO Petro Corp., MYCO Industries, Inc., and OXY Y-1 
Co., for lands in Chaves County, New Mexico. The petition was filed on 
time and was accompanied by all the rentals due since the date the 
lease terminated under the law.

FOR FURTHER INFORMATION CONTACT: Elizabeth Rivera, Bureau of Land 
Management, New Mexico State Office, P.O. Box 27115, Santa Fe, New 
Mexico 87502-0115 or at 505-954-2162. Persons who use a 
telecommunications device for the deaf (TDD) may call the Federal 
Information Relay Service (FIRS) at 1-800-877-8339 to contact the above 
individual during business hours. The FIRS is available 24 hours a day, 
7 days a week, to leave a message or question with the above 
individual. You will receive a reply during normal business hours.

SUPPLEMENTARY INFORMATION: No valid lease has been issued that affects 
the lands. The lessees agree to new lease terms for rentals and 
royalties of $10 per acre, or fraction thereof, per year and 16\2/3\ 
percent, respectively. The lessees paid the required $500 
administrative fee for the reinstatement of the lease and the $159 cost 
for publishing this Notice in the Federal Register. The lessees met all 
the requirements for reinstatement of the lease as set out in Section 
31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188). The 
BLM is proposing to reinstate lease NMNM 108040, effective the date of 
termination, March 1, 2012, under the original terms and conditions of 
the lease and the increased rental and royalty rates cited above.

Elizabeth Rivera,
Land Law Examiner, Fluids Adjudication Team.
[FR Doc. 2012-20014 Filed 8-14-12; 8:45 am]
BILLING CODE 4310-FB-P