Notice of proposed reinstatement of terminated oil and gas lease.
Under the provisions of the Mineral Leasing Act of 1920, as amended, the Bureau of Land Management (BLM) received a petition for reinstatement of oil and gas lease COC69997 from SWEPI LP, for lands in Huerfano County, Colorado. The petition was filed on time and was accompanied by all the rentals due since the date the lease terminated under the law.
FOR FURTHER INFORMATION CONTACT:
Milada Krasilinec, BLM Land Law Examiner, Fluid Minerals Adjudication, at 303-239-3767.
Persons who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1-800-877-8339 to contact the above individual during normal business hours. The FIRS is available 24 hours a day, 7 days a week, to leave a message or question with the above individual. You will receive a reply during normal business hours.
The lessee has agreed to the amended lease terms for rentals and royalties at rates of $10 per acre, or fraction thereof, per year and 162/3 percent, respectively. The lessee has paid the required $500 administrative fee and $159 to reimburse the Department for the cost of this Federal Register notice. The lessee has met all the requirements for reinstatement of the lease as set out in Section 31(d) and (e) of the Mineral Lands Leasing Act of 1920 (30 U.S.C. 188), and the BLM is proposing to reinstate lease COC69997 effective March 1, 2012, under the original terms and conditions of the lease and the increased rental and royalty rates cited above.
Dated: July 18, 2012.
Helen M. Hankins,
BLM Colorado State Director.
[FR Doc. 2012-17913 Filed 7-20-12; 8:45 am]
BILLING CODE 4310-JB-P