A bill to amend the Mineral Leasing Act to establish procedures for the reinstatement of leases terminated due to unforeseeable circumstances.
Mineral Leasing Act Amendments of 2005 - Amends the Mineral Leasing Act to revise the circumstances and reinstatement petition filing deadlines for reinstatement of an oil or gas lease that was cancelled: (1) during the period beginning on September 1, 2001, and ending on the date that is 60 days after the date of enactment of this Act; or (2) after the date that is 60 days after the date of enactment of this Act.
Declares that this Act shall not apply to a lessee that received a notice of lease termination from the Secretary within 13 months after termination of the lease.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
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