AGENCY:
Bureau of Land Management, Interior.
ACTION:
Notice of reinstatement.
SUMMARY:
As required under the Mineral Leasing Act of 1920, Emerald WB LLC and Continental Resources Inc. timely filed a petition for reinstatement of competitive oil and gas leases NDM 94704, NDM 94705, and NDM 94706, McKenzie County, North Dakota. The lessees paid the required rentals and back royalties accruing from the date of termination. No leases were issued that affect these lands. The BLM proposes to reinstate the leases.
SUPPLEMENTARY INFORMATION:
The lessees agree to new lease terms for rentals and royalties of $10 per acre, or fraction thereof, per year, and 16
2/3
percent, respectively. The lessees agree to additional or amended stipulations. The lessees paid the $500 administration fee for the reinstatement of the leases and the $159 cost for publishing this Notice.
The lessees met the requirements for reinstatement of the leases per Section 31(d) and (e) of the Mineral Leasing Act of 1920. We are proposing to reinstate the leases, effective the date of termination, subject to the:
- Original terms and conditions of the leases;
- Additional and amended stipulations;
- Increased rental of $10 per acre;
- Increased royalty of 162/3
percent; and
- $159 cost of publishing this Notice.
30 U.S.C. 188.
Kimberly Werven,
Chief, Fluids Adjudication Section.