Federal Register: July 5, 2001 (Volume 66, Number 129)
DOCID: FR Doc 01-16786
DEPARTMENT OF THE INTERIOR
Land Management Bureau
UTU ID: [UTU-76060]
NOTICE: NOTICES
ACTION: Oil and gas leases:
SUBJECT CATEGORY:
Utah; Proposed Reinstatement of Terminated Oil and Gas Lease
DOCUMENT SUMMARY:
June 25, 2001.
In accordance with the Title IV of the Federal Oil and Gas Royalty Management Act (Pub. L. 97451), a petition for reinstatement of oil and gas lease UTU76060 for lands in Grand County, Utah, was timely filed and required rentals accruing from January 1, 2001, the date of termination, have been paid.
The lessee has agreed to new lease terms for rentals and royalties at rates of $5 per acre and 16\2/3\ percent, respectively. The $500 administrative fee has been paid and the lessee has reimbursed the Bureau of Land Management for the cost of publishing this notice.
Having 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 Bureau of Land Management is proposing to reinstate
lease UTU76060, effective January 1, 2001, subject to the original
terms and conditions of the lease and the increased rental and royalty rate cited above.
Robert Lopez,
Chief, Branch of Minerals Adjudication.
[FR Doc. 0116786 Filed 7301; 8:45 am]
BILLING CODE 4310$$M
SUMMARY:
Utah,
DOCUMENT BODY 2:
June 25, 2001.
In accordance with the Title IV of the Federal Oil and Gas Royalty Management Act (Pub. L. 97451), a petition for reinstatement of oil and gas lease UTU76060 for lands in Grand County, Utah, was timely filed and required rentals accruing from January 1, 2001, the date of termination, have been paid.
The lessee has agreed to new lease terms for rentals and royalties at rates of $5 per acre and 16\2/3\ percent, respectively. The $500 administrative fee has been paid and the lessee has reimbursed the Bureau of Land Management for the cost of publishing this notice.
Having met all the requirements for reinstatement of the lease as
set out in Section 31(d) and (e) of the Mineral Leasing Act of 1920 (30
U.S.C. 188), the Bureau of Land Management is proposing to reinstate
lease UTU76060, effective January 1, 2001, subject to the original
terms and conditions of the lease and the increased rental and royalty rate cited above.
Robert Lopez,
Chief, Branch of Minerals Adjudication.
[FR Doc. 0116786 Filed 7301; 8:45 am]
BILLING CODE 4310$$M