Bureau of Land Management, Interior.
Notice of proposed reinstatement of terminated oil and gas lease.
Under the provisions of 371(a) of the Energy Policy Act of 2005, the lessees: Kay Papulak and Trachyte Oil Company timely filed a petition for reinstatement of competitive oil and gas lease WYW151232 in Sweetwater County, Wyoming. The lessees paid the required rental accruing from the date of termination, October 1, 2002.
No leases were issued that affect these lands. The lessees have agreed to the new lease terms for rentals of $10.00 per acre and royalties of 162/3 percent or 4 percentages above the existing noncompetitive royalty rates. The Start Printed Page 14248lessees have paid the required $500 administrative fee for the reinstatement of the lease and $166 cost for publishing this Notice.
The lessees have met all the requirements for reinstatement of the lease per Sec. 31(e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188(e)). 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 $10.00 per acre; and
- The increased royalty of 162/3 percent or 4 percentages above the existing competitive royalty rates.
FOR FURTHER INFORMATION CONTACT:
Bureau of Land Management, Pamela J. Lewis, Chief, Branch of Fluid Minerals Adjudication, at (307) 775-6176.Start Signature
Pamela J. Lewis,
Chief, Branch of Fluid Minerals Adjudication.
[FR Doc. E6-4079 Filed 3-20-06; 8:45 am]
BILLING CODE 4310-22-P