U.S. Department of the Interior
Minerals Management Service
Office of Communications


NEWS RELEASE


FOR RELEASE: April 10, 1998 CONTACT: Michael L. Baugher
(303) 231-3162
Victoria Squires

(202) 208-3985

COMMENT PERIOD EXTENDED FOR PROPOSED AMENDMENTS
TO INDIAN CRUDE OIL VALUATION RULE

The U.S. Department of the Interior's Minerals Management Service is extending the comment period for the proposed rule regarding the valuation of crude oil produced on Indian lands.

Originally set to close on April 13, the comment period will be extended until May 13, 1998, to provide additional time for analysis of the proposed rule.

An announcement of this extension was published in the April 9 issue of the Federal Register. The proposed regulation was announced in the February 12 issue of the Federal Register.

-MMS-

MMS Internet website address: http://www.mms.gov
24 hour Fax-on-Demand Service:(202) 219-1703