BLM Nevada News
NEVADA STATE OFFICE NO. 08-26
FOR RELEASE: Aug. 5, 2008
CONTACT: JoLynn Worley, (775) 861-6515
BLM Offers Lands for Geothermal Leasing
Reno, Nev. - Nearly 105,312 acres of public lands will be available for 10-year geothermal leases at a competitive bid auction. The 35 parcels to be offered at the Tuesday, Aug. 5 sale are located in Churchill, Pershing, Elko, Lander, Mineral, Humboldt, Esmeralda and Nye counties.
The sale will be held at the Bureau of Land Management (BLM) state office at 1340 Financial Blvd., in Reno. Registration to bid will begin at 8 a.m. and bidding will begin at 9 a.m.
BLM Nevada’s last geothermal lease sale was held in August 2007. At that sale 43 Nevada parcels were offered, resulting in $11.7 million, $8.5 million of which went to the state and counties where the parcels are located.
New regulations and a competitive leasing process implemented by the Energy Policy Act, proceeds from the sale of geothermal leases are distributed 50 percent to the state, 25 percent to the county and 25 percent to the BLM.