BLM lease auction sees 3rd highest price per acre
Mike Ellerd Petroleum News Bakken
The Montana/Dakotas office of the Bureau of Land Management, BLM, held its quarterly oil and gas lease auction in Billings, Mont. on Oct 22, and while the high bid per acre of $12,300 was far below the record of $33,000 received in the July lease auction, it was the third highest bid per acre in a M....
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