Sec. 60.035. NOTICE OF OIL, GAS, AND MINERAL LEASE

(a) Before a lease may be executed by the commission under Section 60.034 of this code, the commission shall have a notice requesting bids on the lease published in a newspaper of general circulation in the district. The notice shall be published at least once a week for two consecutive weeks before the final date for the receipt of bids.

(b) The notice shall include:

(1) the approximate amount of land offered;

(2) the general location of the land;

(3) the time and place for receipt of bids;

(4) the place where specifications may be obtained;

(5) information concerning security for the bids; and

(6) a statement that the commission reserves the right to reject any or all bids.

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.