Notice of Proposed Reinstatement of Terminated Oil and Gas Leases MTM 97526 and MTM 97527, Montana

Summary

Panther Energy Company, LLC is proposing to reinstate two oil and gas leases in Richland County, Montana, MTM 97526 and MTM 97527, after timely filing a petition under the Mineral Leasing Act of 1920. The lessee has paid the required rental and administration fees, and agrees to new terms including $10 per acre rental and 16 rac{2}{3} extper cent royalties.