The Alaska Department of Natural Resources (DNR) announced on 10 April 2020 that it is offering State lands for competitive oil and gas leasing in the Alaska Peninsula Areawide 2020 (APA 20202) and the Cook Inlet Areawide 2020W (Cia 2020W) Lease Sales. The deadline to submit bids online through EnergyNet is 11 June 2020 at 4:00 p.m. ADT. The results will be available to the public online at http://dog.dnr.alaska.gov on 17 June 2020 at 9:00 a.m. ADT.  The APA 2020 lease sale includes approximately 5 million ac (20, 234 sq km) of state-owned land in 1,004 tracts, ranging in size from 1,280 - 5,760 ac (5 - 23 sq km). The sale area encompasses onshore and offshore acreage that stretches from the Nushagak Peninsula in the north, down the north side of the Alaska Peninsula to just north of Cold Bay. Portions of these tracts are located within the Bristol Bay Borough, the Lake and Peninsula Borough, the Aleutians East Borough, and the Dillingham Census Area. There is a required minimum bid of USD 5 per acre with a royalty rate of 12.5% and a primary lease term of 10 years. Annual rental rates start at USD 1 per acre in Year 1, escalate by USD 0.5 per acre every year, topping out at USD 3 per acre in Years 5 â 10.  The CIA 2020W lease sale includes approximately 3.3 million ac (13,355 sq km) of state-owned land in 833 tracts, ranging in size from 640 - 5,760 ac (3 - 23 sq km). The sale area encompasses onshore and offshore acreage that extends from Wasilla in the north to Anchor Point in the southeast, then along Alaskaâs Submerged Lands Act boundary in Cook Inlet to the Iniskin Peninsula. Portions of these tracts are located within the Kenai Peninsula Borough, the Matanuska â Susitna Borough, and the Municipality of Anchorage. There is a required minimum bid of USD 5 per acre with a royalty rate of 12.5% and a primary lease term of 8 years. Annual rental rates start at USD 5 per acre in Years 1 - 4, and escalate to USD 10 per acre in Years 5 - 8.
T DNR announces Spring 2020 Alaska Peninsula and Cook Inlet sales