Lease sale earns almost $2.7 million
The Associated Press
New Mexico’s February oil and gas lease sale earned the state nearly $2.7 million — or $263 an acre — Land Commissioner Patrick Lyons said Feb. 17.
The sealed bidding earned about $1.4 million for 19 tracts totaling a bit more than five-thousand acres, while oral bidding earned approximately $1.2 mi....
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