Notice of Proposed Reinstatement of Terminated Oil and Gas Lease

Короткий зміст

Per Pub. L. 97-451, the lessee timely filed a petition for reinstatement of oil and gas lease MSES 49470, Monroe County, Mississippi. The lessee paid the required rentals accruing from the date of termination. The Bureau of Land Management has not issued any leases affecting the lands. The lessee paid the $500 administration fee for the reinstatement of the lease. The lessee has 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 16\2/3\ percent; and The $158 cost of publishing this Notice.