The lessee has agreed to the amended lease terms for rental and royalty at the rate of $5 per acre or fraction thereof per year and 162/3percent, respectively. The lessee has paid the required $500 administrative fee and has reimbursed the Department for the cost of thisFederal Registernotice. The lessee has met all of the requirements for reinstatement of the lease as set out in Section 31(d) and (e) of the Mineral Leasing Act of 1920 (30 U.S.C. 188), and the BLM is proposing to reinstate the lease effective February 1, 2011 under the original terms and conditions of the lease and the increased rental and royalty rates cited above. The BLM has not issued a lease affecting the lands encumbered by the lease to any other interest in the interim.
43 CFR 3108.2-3(a).
Deputy State Director, Minerals Management.