State takes in $2.6 million at second North Slope areawide lease saleBidding heaviest in west, with ARCO, Chevron taking most tracts; Bachner/Forsgren, Burglin, Anadarko, Whites also successful bidders Kristen Nelson PNA News Editor
Oil and gas companies filled in around the edges of existing holdings and picked up expired leases in Anchorage Feb. 24 when 47 bids for 40 tracts from seven bidding groups were opened at the second state areawide North Slope lease sale (see map next page).
The $2.6 million in high bonus bids was s....
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ARCO, Chevron garner most tracts Most acreage in the west Nine tracts in central, eastern North Slope
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