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Show PORT OF THE COMMISSIONER OF INDIAN AFFAIRS. ,123 . . Recapitulation : Total sale value, first sale- ---------$-36-6,-414-.5-0 --.--.- Doubling value lots in Pawhuska --------------- 7,550.00 Double deposit on lot 1, block 101, Pawhuska -.-- 31.25 Sale value lots in Pawhuska, Foraker, and Big-heart, second sale- --.-.--.--.--5-,0-15-.00- ---------- Appraised value, unsold Iota .................... 8,017.00 Receipts from first sale $366,580.76 Unredeemed lots, first sale- ---_----------2-- ---------------- 7,414.99 Receipts from second sale- -..----.---------1-,2-80-.25- --------.---- Due on second sale ........................................ 3,738 75 a of unsold l o. . 8,017.00 387,027.75 387,027.75 Additional sales were reported on August 16, of 94 lots in Hominy, reappraised value $4,112, sale value $4,345, and 122,lots in Fairfax, appraised value $3,930, sale value $6,543.50. . . OIL AND GAS LEASES. The act of March 3,1905 (33 Stat. L., 1061), extended for another ten years the lease for the mining and production of petroleum and natural gas which was granted to Edwin B. Foster on March 16, ' 1896, by the Osage Nation and covered the entire Osage Reservation in Oklahoma. This lease was approved by the Department on April 8,1896, and by various mesne assignments, approved by the Depart-ment on January 7, 1903, had become the property of the Indian Territory Illuminating Oil Company. The extension covered sub-leases also in the following terms: Which lease and all subleases thereof duly executed on or before December 31,1904, or executed after that date based upon contracts made prior thereto and which have been or shall be approved by the Secretary of the Interior, to the exteht of 680,pIO acres in the aggregate, are hereby extended for the period of ten years from March 16, 1906, with all the conditions of said original lease except that from and after the 16th day of March, 1906, the royalty to be paid on gas shall be $100 per annum on each gas well, instead of $50 as now provided in said lease, and except that the President of the United States shall deter-mine the amount of royalty to be paid for oil. During the last fiscal year the Department has approved, on the recommendation of this Office, a number of subleases and assignments of subleases for the' mining and production of oil and gas within the 680,000 acres. Among the transfers were two subleases and 34 assignments in favor of Theodore N. Barnsdall, of Pittsburg, Pa., by 'which he secured control of approximately 300,000 acres. Active operations in the mining of oil and gas have been carried on under these subleases and assignments, and the approximate production of oil from the lands covered thereby was reported last June to be about 2,500 barrels per day. |