NDTL May auction averages $908 with four bids as high as of $14,000
At $14,000 per acre, Denver-based non-operator Vitesse Oil came in with the highest bid during the North Dakota Department of Trust Lands Minerals Management Division’s quarterly oil and gas lease auction held in Bismarck on May 6. Vitesse Oil paid that price for leases on four Missouri River riverb....
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