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U.S. DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT NEWS RELEASE
Nevada State Office
 
Release Date: 09/05/12
Contacts: Elisabeth Puentes , 775-861-6615 , epuentes@blm.gov

BLM Competitive Oil and Gas Lease Sale Scheduled for Tuesday, September 11, 2012


Reno, Nev.--The Bureau of Land Management (BLM) Nevada is holding a competitive oil and gas lease sale on Tuesday, September 11 at the BLM State Office located at 1340 Financial Blvd., in Reno. The sale room will open at 8 a.m. for registration and bidding numbers and the sale begins at 9 a.m. The parcels offered are located in the Ely District.

The notice, a parcel list, associated stipulations, and an amendment are available in the Information Access Center at the BLM Nevada State Office at 1340 Financial Blvd., and online at the BLM Nevada website at: www.blm.gov/nv. The website also provides a Geographic Information System shapefile of the parcels.

Annual rental for an oil and gas lease is $1.50 per acre for the first five years, and $2 per acre for any subsequent year. Additional environmental analysis would need to be conducted to receive an application for permit to drill.


The BLM manages more than 245 million acres of public land, the most of any Federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western states, including Alaska. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. The BLM's mission is to manage and conserve the public lands for the use and enjoyment of present and future generations under our mandate of multiple-use and sustained yield. In Fiscal Year 2013, the BLM generated $4.7 billion in receipts from public lands.
--BLM--

Nevada State Office   1340 Financial Blvd., Reno NV 89502  

Last updated: 09-05-2012