The ADNR conducted its 1st online o&g lease sale yesterday. Three bids were placed for acreage on the Iniskin Peninsula (2) and one for a tract across on/offshore areas south of the Cosmopolitan Unit in the S. Cook Inlet. The highest bidder was Hilcorp.   The Alaska Peninsula Areawide 2020W sale was also held on 17 June but failed to attract any offers.
The ADNR conducted its 1st online o&g lease sale 2020, yesterday. Three bids were placed for acreage on the Iniskin Peninsula (2) and one for a tract across on/offshore areas south of the Cosmopolitan Unit in the S. Cook Inlet. The highest bidder was Hilcorp.