Bidding in the special Cook Inlet Oil & Gas sale opens Dec. 12
Monday, October 31st, 2022 4:46pm Share on Facebook Share on Messenger Share on Messenger Share on Twitter Share on Whatsapp Juneau, Alaska (KINY) - Last week, the Alaska Division of Oil and Gas formally noticed an oil and gas lease sale for the available State acreage in the Cook Inlet region.Bidding will open Dec. 12, 2022 and bid results will be published on Dec. 30.This sale is the 25th State Cook Inlet Areawide sale, and will overlap with the federal Cook Inlet outer continental shelf oil and gas lease sale from the U.S. Department of the Interior’s Bureau of Ocean Energy Management.We are offering this special State Cook Inlet lease sale at the end of the year to coincide with the federal sale for the benefit of potential bidders and in accordance with our constitutional duties,” said DNR Deputy Commissioner John Crowther.The basin still holds significant potential and an important step to unlocking it is to consistently offer open acreage to explorers.” The State Cook Inlet Areawide sale will make available 2.8 million acres on 721 tracts.
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