Bidders pay $105 million for oil and gas leases in the NPR-ASix companies take 133 tracts, 867,450 acres of 3.9 million offered in the northeast corner of the National Petroleum Reserve-Alaska Kristen Nelson PNA News Editor
Bids for the U.S. Department of the Interior’s Bureau of Land Management National Petroleum Reserve-Alaska sale 991 were opened in Anchorage May 5.
Bidders agreed with the government on the relative value of the tracts offered, bidding on 72 percent of the acres in the high-potential area but on on....
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High potential areas priced higher
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