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.
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