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>>

  • BREAKING NEWS: Flash flood warning issued for Mt. Charleston

    BREAKING NEWS: Flash flood warning issued for Mt. Charleston

    Thursday, August 21 2014 5:23 PM EDT2014-08-21 21:23:32 GMT
    The National Weather Service in Las Vegas has issued a flash flood warning for west central Clark County until 5 p.m. Thursday. At 2 p.m., weather service Doppler radar indicated flash flooding from a thunderstorm near the Kyle Canyon campground and Rainbow Canyon.More>>
    The National Weather Service in Las Vegas has issued a flash flood warning for west central Clark County until 5 p.m. Thursday. At 2 p.m., weather service Doppler radar indicated flash flooding from a thunderstorm near the Kyle Canyon campground and Rainbow Canyon.
    More>>
  • Nevadan seeks to overturn 1976 murder conviction

    Nevadan seeks to overturn 1976 murder conviction

    Thursday, August 21 2014 5:38 PM EDT2014-08-21 21:38:52 GMT
    DNA technology that wasn't available four decades ago will be front and center in a Reno courtroom where a 64-year-old woman is trying to overturn her murder conviction after spending more than 30 years in prison.More>>
    DNA technology that wasn't available four decades ago will be front and center in a Reno courtroom where a 64-year-old woman is trying to overturn her murder conviction after spending more than 30 years in prison.More>>
  • Motorcyclist crashes trying to evade police

    Motorcyclist crashes trying to evade police

    Thursday, August 21 2014 4:29 PM EDT2014-08-21 20:29:17 GMT
    Police are investigating a motorcycle crash on Ravenhood Drive near Spring Valley Parkway and Rainbow Boulevard.More>>
    Police are investigating a motorcycle crash on Ravenhood Drive near Spring Valley Parkway and Rainbow Boulevard.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.