- Associated Press - Wednesday, May 9, 2018

ROCK SPRINGS, Wyo. (AP) - The Bureau of Land Management is offering nearly 200,000 acres (81,000 hectare) of federal land in Wyoming in its next oil and gas lease sale.

The Rock Springs Rocket-Miner reports the lease sale set for June will include 162 parcels in areas of Sweetwater, Carbon, Lincoln and Uinta counties.

Bidding opens on June 20 and ends the next day. The sale will be conducted online.

The bureau’s March lease sale in Wyoming brought in nearly $20 million. The sale resulted in competitive bids for 152 of the 170 parcels offered. The highest bid was just over $12,000 per acre.

The state receives about half of the proceeds of each lease sale.



___

Information from: Rock Springs (Wyo.) Rocket-Miner, http://www.rocketminer.com

Sign up for Daily Newsletters

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide