Since it has been rebuilt, the original specs will not tell you anything. Do you have any info on what was done to the engine, other than the 0.030 over? If the engine is cutting out at idle, that is a tuning issue. First get it to run right (carb adjust/rebuild, timing, tune-up, etc), then worry about the gas, but most likely it will run with no problem on at least Premium. Once you get it running well, try different grades to see what it likes best.