Realty actions; sales, leases, etc.: Utah,
FR, March 25, 1998 › Notices › Land Management Bureau
Linked as:FR, March 25, 1998 › Notices › Land Management Bureau
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Federal Register: March 25, 1998 (Volume 63, Number 57)NoticesPage 14473From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DOCID:fr25mr98-128
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
UTU-51515, UTU-54044, UTU-56984Utah; Proposed Reinstatement of Terminated Oil and Gas Leases
In accordance with Title IV of the Federal Oil and Gas Royalty Management Act (Pub. L. 97-451), a petition for reinstatement of oil and gas leases UTU-51515, UTU-54044, and UTU-56984 for lands in Summit County, Utah, was timely filedand required rentals accruing from October 1, 1998, the date of termination, have been paid.
The lessees have 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 in the amount of $500 for each lease has been paid and the lessees have reimbursed the Bureau of Land Management for the cost of publishing this notice.
Having met all the requirements for reinstatement of these leases 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 leases UTU-51515, UTU-54044, and UTU-56984, effective October 1, 1997, subject to the original terms and conditions of the leases and the increased rental and royalty rate cited above. Robert Lopez, Group Leader, Minerals Adjudication Group.
FR Doc. 98-7696Filed3-24-98; 8:45 amBILLING CODE 4310-DQ-M
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