[Federal Register Volume 75, Number 200 (Monday, October 18, 2010)]
[Notices]
[Page 63855]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-26169]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[LLMT922200-10-L13100000-FI0000-P;MTM 98742]
Notice of Proposed Reinstatement of Terminated Oil and Gas Lease
MTM 98742, Montana
AGENCY: Bureau of Land Management, Interior.
ACTION: Notice.
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SUMMARY: Under the provisions of the Mineral Leasing Act of 1920, as
amended, Coburn, LLC timely filed a petition for reinstatement of
competitive oil and gas lease MTM 98742, for land in Fergus County,
Montana. The lessee paid the required rental accruing from the date of
termination.
The Bureau of Land Management (BLM) has not issued a valid lease to
any other interest affecting the lands. The lessee agrees to new lease
terms for rentals and royalties of $10 per acre and 16-2/3 percent. The
lessee paid the $500 administration fee for the reinstatement of the
lease and the $163 cost for publishing this notice.
The lessee has met the requirements for reinstatement of the lease
under Section 31(d) and (e) of the Mineral Leasing Act of 1920 (30
U.S.C. 188). The BLM is proposing to reinstate the lease, effective the
date of termination, subject to:
The original terms and conditions of the lease, except as
otherwise provided;
The increased rental of $10 per acre;
The increased royalty of 16-2/3 percent;
The $163 cost of publishing this notice; and
The $500 administration fee.
FOR FURTHER INFORMATION CONTACT: Teri Bakken, Chief, Fluids
Adjudication Section, Bureau of Land Management Montana State Office,
5001 Southgate Drive, Billings, Montana 59101-4669, 406-896-5091.
Teri Bakken,
Chief, Fluids Adjudication Section.
[FR Doc. 2010-26169 Filed 10-15-10; 8:45 am]
BILLING CODE 4310-DN-P