16th Section lands; revise leasing procedure for leases for oil, gas and mineral explorations.

An Act To Amend Section 29-3-99, Mississippi Code Of 1972, To Revise And Modernize Certain Procedures For The Leasing Of Sixteenth Section Land For Oil, Gas, Clay, Dirt, And Other Liquid And Gaseous Mineral Exploration; To Set A Minimum Per Acre Price For Such Leases; To Set A Minimum Royalty To Be Paid For Any Oil, Gas And Coal That Is Produced From Such Land; To Require That Certain Notice Be Published In The Newspaper In The County Wherein The Land Is Situated; To Revise Certain Bidding Procedures; And For Related Purposes.