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BLM will hold oil and gas sale of leases Aug. 9

Friday, June 8, 2007

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The Bureau of Land Management in Colorado on Thursday said its quarterly oil and gas lease sale will be Aug. 9.

The BLM's lease sale includes 109 parcels covering 86,599 acres. Lease sale information can be obtained at each of the bureau's field offices, as well as the Information Center at the Colorado State Office in Lakewood.

Approximately 75 parcels totaling 43,471 acres in the lease sale involve split-estate lands where a private entity owns the surface rights and the federal government owns the subsurface mineral rights.

"While energy development on Colorado's federal lands continues to play an important part in meeting our nation's energy needs, our focus is on smart planning and working with industry to use the best practices to reduce environmental impacts on public and private lands," said BLM Colorado Deputy State Director Lynn Rust.

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