74 FR 126 pg. 31749 - Notice of Proposed Reinstatement of Terminated Oil and Gas Lease OKNM 119294
Type: NOTICEVolume: 74Number: 126Page: 31749
Docket number: [NM-920-1310-08; OKNM 119294]
FR document: [FR Doc. E9-15657 Filed 7-1-09; 8:45 am]
Agency: Interior Department
Sub Agency: Land Management Bureau
Official PDF Version: PDF Version
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[NM-920-1310-08; OKNM 119294]
Notice of Proposed Reinstatement of Terminated Oil and Gas Lease OKNM 119294
AGENCY:
Bureau of Land Management, Interior.
ACTION:
Notice of reinstatement of terminated oil and gas lease.
SUMMARY:
Under the Class II provisions of Title IV, Public Law 97-451, The Bureau of Land Management (BLM) received a petition for reinstatement of oil and gas lease OKNM 119294 from the lessee, Plano Petroleum, LLC, for lands in Ellis County, Oklahoma. 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:
Margie Dupre, BLM, New Mexico State Office, at (505) 438-7520.
SUPPLEMENTARY INFORMATION:
No valid lease has been issued that affects the lands. The lessee agrees to new lease terms for rentals and royalties of $10.00 per acre or fraction thereof, per year, and 16 2⁄3 percent, respectively. The lessee paid the required $500.00 administrative fee for the reinstatement of the lease and $166.00 cost for publishing this Notice in the Federal Register. The lessee 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). We are proposing to reinstate lease OKNM 119294, effective the date of termination, December 1, 2008, under the original terms and conditions of the lease and the increased rental and royalty rates cited above.
Dated: March 18, 2009.
Margie Dupre,
Land Law Examiner, Fluids Adjudication Team.
[FR Doc. E9-15657 Filed 7-1-09; 8:45 am]
BILLING CODE 1310-FI-P