Thursday, August 20, 2009

Utah Bidders Snap Up Drilling Rights

Speculators, brokers, drillers and oil companies paid more than $1 million for drilling rights on more than 34,000 acres in Utah at the Bureau of Land Management's quarterly auction in Salt Lake City.

Douglas Chasel of Salt Lake City paid the most for a lease, $296,000 for a 320-acre parcel...

Visit Clean Skies for the full story.

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