The quarterly oil and gas lease sale by the Bureau of Land Management in Reno last week brought in $430,321 in bonus bids.
BLM offered 229 parcels totaling 443,329 acres, and sold 81 of them totaling 155,131 acres.
The highest-valued parcel brought in $32,940, and the highest bid per acre was $53. The parcels were mostly in Elko County.
At its September sale, BLM received $366,308 in bonus bids for 68,498 acres.
Comments
Use the comment form below to begin a discussion about this content.
Sign in to comment