Effective 1 October 2017 Hilcorp Alaska LLC was officially awarded 14 tracts covering about 76,682 acres (310 sq km) off Alaskaâs south-central coast from the Cook Inlet Lease Sale 244 held by the Bureau of Ocean Energy Management (BOEM) on 21 June 2017. The company placed high bids in the amount of USD 3,034,815 and was the saleâs lone bidder. Sale 244 was the thirteenth and final OCS lease sale held under the 2012-2017 Five-Year Program. It offered some 1.09 million acres (4,410 sq km) for leasing and consisted of 224 blocks that stretched roughly from Kalgin Island in the north to Augustine Island in the south.  Each bid went through a 90-day evaluation process to ensure the public received fair market value before a lease was awarded. All materials and statistics for Lease Sale 244 are available at: http://www.boem.gov/ak244. Hilcorp Official Awards Â  Â  Â  Â  Â  Â  Â  Contract Company Name WI Bonus USD Acre Sqkm Lease Sale Award Date Basin Â  Y02434 Hilcorp Alaska 100 $62,208.00  5,184.26 20.98 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02435 Hilcorp Alaska 100 $37,416.00  3,118.47 12.62 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02436 Hilcorp Alaska 100 $68,376.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02437 Hilcorp Alaska 100 $142,500.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet  Â  Y02438 Hilcorp Alaska 100 $111,606.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02439 Hilcorp Alaska 100 $313,500.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02440 Hilcorp Alaska 100 $474,582.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02441 Hilcorp Alaska 100 $203,319.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02442 Hilcorp Alaska 100 $111,606.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet  Â  Y02443 Hilcorp Alaska 100 $256,500.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02444 Hilcorp Alaska 100 $474,582.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet  Â  Y02445 Hilcorp Alaska 100 $474,582.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02446 Hilcorp Alaska 100 $152,019.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Y02447 Hilcorp Alaska 100 $152,019.00  5,698.24 23.06 BOEM Sale 244 1-Oct-17 Cook Inlet Â  Â Totals Â  Â  $3,034,815.00  76,681.62 310.32 Â  Â  Â  Â  Source: IHS Markit Â  Â  Â  Â  Â  Â  Â  Â©   2017 IHS Â 
United States, Y02440