Today’s oil, gas and geothermal lease sale brought in nearly $4.5 million in high bids. Bob Pawlowski, Legislative Adviser to the Division of Oil and Gas, said the response was outstanding…
Pawlowski: “Everybody, the Commissioner and Director Barron, are very pleased with it, what has turned out to be the third largest in value, with 2011 and 2012 being the first and second.”
Pawlowski noted one company stood out, though it’s only been very active in Alaska since January of 2012…
Pawlowski: “Hilcorp was the leader in taking 19 tracts of the 28 in the oil and gas leases.”
Bid information from the Division of Oil and Gas is listed below. Until the bids are adjudicated, lease sale results provided below will remain preliminary.
Cook Inlet areawide oil and gas lease sale
Augustine Island geothermal lease sale
Alaska Peninsula areawide oil and gas lease sale