Show r UNITED ST STATES A ns lENT DEPARTMENT OF THE Tm UTAH COMPETITIVE LEASE LEAS 1 OFFER OF oi OIL oti SHALE LANDS LANUS Notice Is hereby given that on April 9 1974 Utah TRACT U-b U as hereafter described In n paragraph 1 will be offered for oil s shale ale lease by sealed bids to the qualified bidder submitting the highest amount per acre as bonus for the privilege of leasing the lands In accordance with the provisions of the Mineral Minerai Leasing Act of February 25 1920 41 Stat as amended 30 U.S.C. and the general Notice of or Sale of Oil Shale Leases published In the Federal Register of November 30 1973 1 TRACT U-b U t Sec 12 S Sec 13 All Sec 14 All Sec 23 All Sec 24 All Sec 25 Sec 26 All Sec 18 All j Sec 19 All The area described aggregates acres 2 Lease Terms The lease will be issued on a form torm the full text of which Is published as Appendix A lOA to the general Notice of Sale 1 published In the Federal Register on November 30 1973 The lease 1 will be Issued for a period of 20 years and so long thereafter as 1 production is had in commercial quantities subject to 1 readjustment of terms at atthe the end of each year 20 period period The lessee will be required to pay royalty on production in the amount and manner prescribed in Section 7 of the lease and to maintain a bond bondas 1 as provided in Section 9 9 3 3 Minimum Royalty Royally Section 7 e 1 of the lease form requires the payment of a minimum royalty for the sixth and each succeeding year which shall for this tract be based upon the following production rate and oil shale grade YEAR YEAR SHALE cw GRADE orr PRODUCTION PRODUCTION J RATE RATE TRACT Gallon Ton Gallon Ton Ton Ton Yr Ton Ton Yr TRACT U-b U 30 2270 4 4 Bidding Procedures The lease will be offered competitively through sealed bidding A lease will be issued only to the qualified I bidder submitting the highest amount per acre as a bonus bomis for the privilege of leasing the lands No specific form of bid is required I but all bids must identify the lease sale and must show the total I amount bid the amount bid per acre and the amount submitted I with the bid Oil and Gas Bid Form No 17 may be adapted for this purpose No telephonic or telegraphic bids will be accepted and no oil payment overriding royalty logarithmic or sliding scale bid will be considered Bids shall not be modified after they have been submitted Bids must be for the full tract described inthis inthis in inthis this Notice of Sale Bids must be submitted in sealed envelopes plainly marked Sealed Bid for Oil Shale Lease Not to be opened I before 10 am a.m. on April 9 1974 Bids may be mailed or delivered in person until 10 am a.m. April 9 1974 to the State Slate Director Utah State Slate Office Bureau of Land Management Room Federal Building South State Street P P. P 0 O. Box Salt Lake City Utah Bids received after that time will be i returned unopened Bidders are warned against violation of section 1 1860 in Title 18 U.S.C. prohibiting unlawful combination or intimidation of bidders 5 Payment of bonus and advance rental All bids must be accompanied accompanied accompanied ac ac- companied by a certified check cashiers cashier's check bank draft money order or cash for one-fifth one of the bonus bid payable to the Bureau of Land Management which amount shall be returned to j the bidder after the lease sale should he be an unsuccessful bidder If the bidder after being notified that his bid has been accepted and j that he will be awarded a lease fails to comply with the applicable regulations or the terms of this notice or if he fails to execute the j lease within 15 days after receiving the lease form his deposit will willbe willbe j be forfeited Each bid must also be accompanied by a certified check cashiers cashier's check bank draft money order or cash for the first I years year's annual rental of This amount shall be returned to j all unsuccessful bidders after the lease sale 6 Evidence of qualifications Each bid must be accompanied by bya a statement over the bidders bidder's signature or that of his authorized j agent with respect to his qualifications The statement shall i contain the following information a If the bidder is an individual a statement as to whether native born or naturalized if an association it must submit a a certified copy of the articles of association and a statement by its members as to their citizenship If the bidder is a corporation it must submit statements showing i the State In which it is incorporated incorporated incorporated in in- ii that it is authorized to hold leases for oil shale deposits and the names of the officers authorized to act in such matters in behalf of the corporation iii the percentage of the corporate voting stock and of all the stock owned by aliens or those having addresses outside the United States and iv the name address and citizenship of any stockholder owning or controlling 20 percent or more of the corporate stock of any class If more than 10 percent of the stock is owned or controlled by or in behalf of aliens or persons who have addresses outside the United States the corporation must give their names and addresses the amount and class of stock held by each and to the extent known to the corpora corporation or which reasonably can be ascertained by it the facts as to the citizenship of each The bid of a corporation also shall be accompanied by a copy either of the minutes of the meeting of the board of directors or of the laws by-laws indicating that the person signing the bid has authority to do so or in lieu of such a copy a certificate by the Secretary of the corporation to that effect over the corporate seal or appropriate reference to the record of the Bureau of Land Management In connection with which such articles and authority have been furnished previously and b The certification required by 41 60 b and Executive Order No of September 24 1965 as amended by Executive Order No on Form 8 1140 November 1973 and Form 7 1140 December 1971 7 7 Bid Opening The bids will be opened at 1015 am a.m. April i 9 9 1974 in Suites A and B at the Salt Sail Palace S S. S W. W Temple Salt Lake City Utah Ulah The opening of the bids is for the purpose of publicly announcing and recording bids received and no bids will be accepted or rejected at that time If the Department is prohibited for any reason from opening any bid before midnight April 9 1974 that bid will be returned unopened to the bidder as soon thereafter as possible 8 Acceptance or rejection of bids No bid for this tract will be accepted and no lease for this tract will be awarded to any bidder unless the bidder has complied with all requirements of this Notice his bid is the highest for the offered tract and the amount of the bonus bid has been determined to be adequate by the Ur United ted States Slates The Government reserves the right to reject any or all bids Any cash checks drafts or money orders submitted with the bid may maybe maybe maybe be deposited ted in an unearned escrow account in the Treasury during the period the bids are ara being considered Such a deposit does not constitute and shall not bl bd b 3 construed as acceptance of any bids on behalf of the United States 9 9 Preliminary Development Plan Within forth-eight forth hours after arter being informed that his bid has lias been accepted and that a lease willbe will willbe willbe be issued to him the successful bidder must transmit a preliminary development development plan I in duplicate to the he Officer conducting conducting con con- ducting the lease sale This plan will be made public upon issuance of the lease and therefore confidential Information formation relative to the lessees lessee's op operations should not be included In in the submission Confidential information should be submitted in the same manner but under separate cover The submission or acceptance of these plans will not be binding on the lessee or lessor a and d will not authorize any action by the lessee but the plan is required for the lessors lessor's guidance in establishing initial supervision of the he lessees lessee's s activities The preliminary development plan should Include the method of development the proposed location of on and site off facilities the schedule f for r development and monitoring programs to deter determine lne environmental criteria JO 10 Further Information IJ Information concerning this oil shale lease sale may be obtained from the Oil Shale Coordinator Room Interior Building Washington I PC DC C 0 HI the Deputy Oil ill Shale Coordinator Building 56 Denver Federal Center Denver Colorado the Chi Chief f Division of Upland Minerals J Bureau of ol Land Management Room Interior Building C Streets Sheets N NW N. N W W. Washington DC D.C. O and anel the Slate SIle Ph color Utah flah State Slate t. t Office Bureau of ol Land Management Federal Building South State Street Salt Lake City Utah Ulah 11 Interests of the State of Utah Ulah The State Stale of Utah Ulah claims that ItIs it itis is entitled to the lands offered for lease by this sale and to any I bonus and royalty monies that may result The claim is based upon the States State's right under RS ns 2275 and 2276 as amended 43 to make selections of public lands in lieu of other lands lost to it by virtue of federal withdrawals and for other reasons Applications for transfer of the lands to the State Slate of Utah are presently pending before the Secretary but have not been approved The State has indicated that it intends to file a lawsuit perhaps before the lease sale which is the subject of this notice is held to determine its right fight to the lands In the meantime the State has agreed by the thu execution of an appropriate document by its Governor and Board of State Lands that in the event it acquires i title to the lands offered for lease by this sale whether by action of the Secretary court order or otherwise subsequent to the issuance of an oil shale lease by the Ul United ted States Statts on those lands the State will s the United States as lessor under th that t lease and will lully honor all terms and conditions of the lease CUHl HI of Lund Management tU M |