Bureau of Land Management Proposes Reinstatement of Terminated Oil and Gas Lease TXNM 100507

Summary

The Bureau of Land Management is proposing to reinstate a terminated oil and gas lease in Wise County, Texas, with new terms including a $10 per acre rental and a 16 rac{2}{3} extpercnt or 4 extpercents above competitive royalty rate, following timely payment of required fees and meeting the requirements for reinstatement under the Mineral Leasing Act of 1920.