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Gem State Wire

Wednesday, December 25, 2024

Auction: Oil and Gas Lease

We administer oil and gas leasing on three million acres of land, along with leasing the beds of navigable waterways. 

Revenue generated from leasing oil and gas resources on endowment land provides vital funding for beneficiaries like our public schools. Idaho’s constitution requires us to maximize the revenue generated from these lands for the beneficiaries.

UPCOMING OIL AND GAS AUCTION

- Lease O600643

- Registration Deadline: Thursday, October 20, 2022 5:00 p.m. MDT

- Auction Date: October 27, 2022 11:00am MDT

- Auction Location: 300 N. 6th St., Boise, ID 83720

- Term: 10 years

Learn More: https://loom.ly/GWVd6Ck

May be an image of tree, mountain and text that says "IDAHO DEPARTMENT OF LANDS AUCTION TOL OI & OIL & GAS LEASE"

Original source can be found here.

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