BLM auction results
The Bureau of Land Management took in $1.78 million in its quarterly auction of oil and gas leases on March 13. The BLM sold 42 parcels comprising 72,144 acres.
Lonewolf Exploration and Production Co. of Billings, Mont. placed the high bid of the day, $217,160 for a 2,440-acre parcel in Elko County. The BLM offered 42 parcels in the Elko and Ely districts.
“We are huge fans of doing business in Northern Nevada. We love the location. We love the potential for employees. And, frankly, we love how easy it is to work with the business community,” says Havelock Wool CEO Andrew Legge.