Cook Inlet areawide sale draws $2.4 million from 10 bidding groupsBids from Big Lake in north to Anchor Point area on Kenai Peninsula; ARCO outbids four others for tract at Starichkof prospect Kristen Nelson PNA News Editor
Ten bidding groups were apparent high bidders on 46 tracts, 199,040 acres, for a total of $2.4 million at the state’s first areawide Cook Inlet oil and gas lease sale, held April 21 in Anchorage.
Ken Boyd, director of the Department of Natural Resources Division of Oil and Gas, said that 59 bids we....
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Highest bid $307,699.20 Unocal takes most acreage Escopeta of Houston Forcenergy, Marathon
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