Wyoming’s Bureau of Land Management garnered more than $6.17 million for leasing rights and rental fees offered at its bimonthly federal oil and gas lease auction held in Cheyenne Aug. 1. That marks a more than 40% increase over proceeds from the state’s previous sale in June. By comparison, the June sale garnered $4.4 million. The state gets half of the sale proceeds.
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Wyoming Lease Sale Revenue Up 40%
Wyoming’s Bureau of Land Management garnered more than $6.17 million for leasing rights and rental fees offered at its bimonthly federal oil and gas lease auction held in Cheyenne Aug. 1. That marks a more than 40% increase over proceeds from the state’s previous sale in June. By comparison, the June sale garnered $4.4 million. The state gets half of the sale proceeds.
August 8, 2006
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