[Federal Register: August 27, 2004 (Volume 69, Number 166)]
[Notices]               
[Page 52731]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27au04-69]                         

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DEPARTMENT OF THE INTERIOR

Bureau of Land Management

[MT-920-04-1310-FI-P; (MTM 88852)]

 
Notice of Proposed Reinstatement of Terminated Oil and Gas Lease 
MTM 88852

AGENCY: Bureau of Land Management, Interior.

ACTION: Notice.

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SUMMARY: Per Pub. L. 97-451, the lessee timely filed a petition for 
reinstatement of oil and gas lease MTM 88852, Blaine County, Montana. 
The lessee paid the required rental accruing from the date of 
termination.
    We haven't issued any leases affecting the lands. The lessee agrees 
to new lease terms for rentals and royalties of $10 per acre and 16\2/
3\ percent or 4 percentages above the existing competitive royalty 
rate. The lessee paid the $500 administration fee for the reinstatement 
of the lease and $155 cost for publishing this Notice.
    The lessee met the requirements for reinstatement of the lease per 
Sec. 31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188). 
We are proposing to reinstate the lease, effective the date of 
termination subject to:
     The original terms and conditions of the lease;
     the increased rental of $10 per acre;
     the increased royalty of 16\2/3\ percent or 4 percentages 
above the existing competitive royalty rate; and
     the $155 cost of publishing this Notice

FOR FURTHER INFORMATION CONTACT: Karen L. Johnson, Chief, Fluids 
Adjudication Section, BLM Montana State Office, PO Box 36800, Billings, 
Montana 59107, (406) 896-5098.

    Dated: July 22, 2004.
Karen L. Johnson,
Chief, Fluids Adjudication Section.
[FR Doc. 04-19608 Filed 8-26-04; 8:45 am]