Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1942-01-03

bidders FOR the purchase for a period Of one.
three. or five years, beginning FEBRUARY Z.
1852. Of al ROYALTY OH accruing 70 the United
States from Federal lands In the Cat Greek
oil field Montana. For the year 1889 the
total Government royalty oil 4rom the Cat
Greek field amounted to approximately s,ooo
barrels; for 1870. to approximately 7,61s bar
rels; and for the first six months Of 1871
to approximately s.043 barrels. The ranxe
in Eravity during the periods mentioned vas
from ~ degrees 20 50 degrees A. P. l. Add
tonai information concerning the speci1lca-
lions governing the sale Of the Government
royalty oil from the Cat Greek field may be
obtained from the Director, oeolosical Sur
vey, q. g. Department. Of the Interior. wash
U. s. Geoiogieai Survey, Federal Building.
Casper, WyOmiue Sealed bids are 20 be sub
mitted to the Secretary, Department Of the
Interior. Washineton. D. c., pursuant 20 the
specifications, the envelope 70 be marked
plainly IBID on Cat Greek royalty oi-not
to be opened before noon, January q. 1912.
No bid received after the time fixed herein
for submitting bids viii be considered.
OSCAR L. CHAPMAN.
Assistant secretsvv Of the Interior.
Governing the sale and purchase Of
royalty crude oil accruing to the United
States from the Cat Greek oil field.
Pursuant to the terms and provisions Of
section 90 OF the act approved February rs.
1920 al Stat 45I; 30 U. 8. c. 1927. sealed
proposals, in duplicate. win be received IN
the office Of the Secretary OF the Interior,
Washington, D. c., on or before noon on
January 81. 1912. from responsible bidders
for the purchase for a period Of one, three. |
or five years, BEGINNING February /, 1873.
OF royalty crude OIL accruing to the United /
States from Federal lands In the Cat Greek /
oil field Montana, from all productive for
nations.
Bids are invited on three separate items, 4
item i. Royalty oil aceruing to the
United States for the period beginning
February l. 1912 and ending January 81,
1913.
item 2. Royalty oil aecruIng to the
United States for the period February 1,
1912 and ending January 81. l945.
Item 3. Royalty oil accruing to the
United States for the period beginning
February I. 1912 and ending January 81.
Bids must be in the following exact form;
For Item for the period BEGINNING
February /, 1912 and ending January 81.
1874, name OF bidder offers a premium
Of cents per barrel above the
highest field price per barrel for oil OF
equal or lower gravity produced in the
Cat Greek oil field. Montana, as published
or offered by the principal purchaser Of
oil in said field OF. II the highest field
price per barrel for oil produced in Okla
homa and Kansas RS published or offered
by at least two Of the five principal pur-
chasers OF oil IN Oklahoma and Kansas
be higher for oil OF equal or lower grav-
ity than said price FOR the cat creek
field. said premium is offered above said
higher price, the applicability Of any such
price to be determined by the Secretary
For the calendar year 1888 the total Gov
royalty oil from the Cat Greek field
amounted to approximately 9,055 barrels for
1910 TO approximately T625 barrels; and for
he first six months Of 1871. 70 approximately
043 barrels.
The gravity during the periods mentioned
Ibove ranged from 40 degrees to so degrees
Delivery OF royalty oil will be made in
he field without cost to the Government
o the successful bidder or for his account.
At the election OF the bidder, such election
o be stated in writing when submitting the
i'd settlements for the royalty oil sold pur-
uant to these specifications may be made
IS follows:
l. BY payments to be made to the
Register, U. s. Land Office, Billings,
Montana, on or before the last day OF
each calendar month following the cal
endar month in which delivery IS made.--
by check or draft drawn on a solvent
bank to the order OF the Treasurer OF
the United States; or
2. BY payments to be made each month
In advance Of delivery Of the oil IN
amounts estimated by the on and Gas
Supervisor U. s. GEOLOGICAL Survey, Fed
eral Building, Casper, Wyoming as being
sufficient to cover the oil TO be delivered.
Advance payments for royalty oil pur-
chased pursuant to these Specifications
must be made by check or draft on a
solvent bank 70 the order OF the Treasure
er Of the United States and must be
transmitted TO the Supervisor In time to
reach his office on or before the day on :
which any given months delivery Of oil
is to commence. ANY excess Of payment
made in advance for any months, deliv-
cry OF oil win be q credit toward the 7
purchase Of the next succeeding months !
delivery Of oil; and any deficiency In adj :
vance payment must be promptly paid \
when such deficiency has been ascertained !
by the Supervisor. 1
II the bidder elects to make payment for
he oil after its delivery, as specified here
labove. the bond required will be In the Z
mount OF $4,000. II the bidder elects TO :
lake payment for the oil in advance OF r
elivery thereof. the bond required will be
the amount Of 81, 600. III
The volume Of said royalty oil win be de- III
,rmined in accordance with existing de- III
artmental orders and regulations recurring III
le measurement OF Government royalty oil III
a the basis OF 100 percent capacity tables II
terms Of AZ U. g. gallons Of 231 cubic III
lches at temperature Of so degrees F. III
The gravity Of the royalty oil win be de- III
'rmined in accordance with table 2 Of Cir L
ilar C-410 Of the National Bureau OF Stan =
ards March 4, 1880 or any revisions there III
and any supplements thereto provided that III
he Supervisor, Geolegical Survey, in his dis III
-etion may authorize computation Of cor II
,ction for temperature by other approved III
ethods or In terms Of percent for a speci- III
ed number Of degrees IL closely approximat-
g the computation in accordance with said III
rcular c-4lo or It's reVisions and supple
ents. III
Each bidder must submit with his bid or III
Ids a bond In the sum Of $500 or q Ger III
fled or cashiers check or draft made pay :
DE TO the Secretary Of the Interior in the r
I'M Of $780, as a guarantee that he will, III
successful promptly execute a satisfactory III
ntract and furnish an acceptable perform III
ice bond conditioned on a fun and complete III
appliance with the terms OF the contract, iii
The Secretary OF the Interior may accep;
e offer Of the highest bidder or bidders III
any item offered herein but reserves the III
ght to reject all bids whenever in his judy III
emit such rejection is necessary 70 protect
e interest Of the United States.
Sealed bids are to be submitted to the III
cretary OF the Interior, washington D. c.. ii
e envelope TO be marked plainly bid on III
It Greek royalty oil-not 10 be opened be-
re noon, January 81. 1912" No bid received III
ter the time fixed herein for submittlng
Dis win be considered III
Signed. III
OSCAR l.. CHAPMAN, III
Assistant Secretary OF the Interior.