CORRECTION: Changes in Alaska’s preliminary lease sale results

Preliminary sales results from the state of Alaska Cook Inlet areawide oil and gas lease sale May 7 as reported in the May 11 issue of Petroleum News contained some minor errors in dollar amounts based on figures from the opening of sale bids.

The table below contains the preliminary printed results from the state by bidder or bidding group. This list is ranked by dollar volume spent:

Prodigy Alaska: seven tracts, $415,385.60

Douglas Barr, Daniel Donkel, George Kasper, Robert Bolt (25 percent each): seven tracts, $134,400.00

Pelican Hill Oil & Gas: three tracts, $65,740.80

Union Oil Company of California: two tracts, $60,652.80

Daniel Donkel, Kenneth Mehaffey (50 percent each): two tracts, $57,600.00

Forest Oil: three tracts, $56,396.80

Marathon Oil: one tract, $34,732.80

Monte Allen (62.5 percent), Laurel Bassett (25 percent), Mary Goldstein (12.5 percent): one tract, $31,795.20

Monte Allen: one tract, $30,355.20

Total of apparent high bids, 27 tracts: $887,059.20