BLM Sells Oil And Gas Leases - 8 News NOW

BLM Sells Oil And Gas Leases

Posted: Updated:

RENO, Nev. (AP) -- The U.S. Bureau of Land Management has sold leases for oil and gas drilling on more than 81,000 acres of federal land in Nevada for a total of about $373,000.

About $122,000 of that will go to the state -- the same amount that will go to the U.S. Treasury. The most expensive parcels in the latest round of sales to the highest bidders were sold in Elko County for $10 an acre. The Denver-based Energy West Corp. and the Las Vegas-based North Star

Expeditions each bought just under 2,000 acres there for about $20,000. Overall, the BLM had offered leases on 171 parcels of land covering more than 305,000 acres. The agency sold 45 of those parcels for the total of $372,897.

 (Copyright 2010 by The Associated Press. All Rights Reserved.)

  • Las Vegas NewsLas Vegas NewsMore>>

  • State accepts NLV balanced budget plan

    State accepts NLV balanced budget plan

    Thursday, April 17 2014 12:27 AM EDT2014-04-17 04:27:29 GMT
    The city of North Las Vegas says it has submitted a balanced tentative budget to the state. A balanced budget was due Tuesday to avoid a possible takeover by the state.More>>
    The city of North Las Vegas says the state has no problems with its proposed balanced budget plan. The city confirms that the state responded to the tentative plan and has no issues with it.More>>
  • BREAKING NEWS: One man stabbed to death with screwdriver

    BREAKING NEWS: One man stabbed to death with screwdriver

    Wednesday, April 16 2014 11:04 PM EDT2014-04-17 03:04:07 GMT
    One man is dead after being stabbed to death with a screwdriver Wednesday afternoon, Metro Police said. According to police, the stabbing happened around 3:30 p.m. in the parking lot of a thrift store near Rancho Drive and Cheyenne Avenue.More>>
    One man is dead after being stabbed to death with a screwdriver Wednesday afternoon, Metro Police said. According to police, the stabbing happened around 3:30 p.m. in the parking lot of a thrift store near Rancho Drive and Cheyenne Avenue.
    More>>
  • Henderson budget shortfall could mean higher taxes, fees

    Henderson budget shortfall could mean higher taxes, fees

    Henderson budget shortfall could mean higher taxes, fees

    Wednesday, April 16 2014 10:07 PM EDT2014-04-17 02:07:18 GMT
    The City of Henderson is staring down the barrel of a $19 million budget shortfall.Proposed ways to bridge the gap include cutting services at local parks and recreation centers and increasing property taxes.More>>
    The City of Henderson is staring down the barrel of a $19 million budget shortfall.Proposed ways to bridge the gap include cutting services at local parks and recreation centers and increasing property taxes.More>>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.