Bureau of Land Management, Interior.
Per 30 U.S.C. 188(d), Panther Energy Company, LLC timely filed a petition for reinstatement of competitive oil and gas leases MTM 97526 and MTM 97527, Richland County, Montana. The lessee paid the required rental accruing from the date of termination.
No leases were issued that affect these lands. The lessee agrees to new lease terms for rentals and royalties of $10 per acre and 162/3 percent. The lessee paid the $500 administration fee for the reinstatement of each lease and the $163 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 162/3 percent; and
- The $163 cost of publishing this Notice.
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.Start Signature
Chief, Fluids Adjudication Section.
[FR Doc. 2010-12845 Filed 5-27-10; 8:45 am]
BILLING CODE 4310-DN-P