Cook Inlet state lease sale draws $2.2 million from five bidders
The Alaska Division of Oil and Gas received 23 bids from six bidders on 18 tracts at its Cook Inlet areawide oil and gas lease sale May 21, with a total of $2,276,768.20 in apparent high bids.
Once the state has done title work, however, the result may be quite different.
Armstrong Cook Inlet, whi....
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