US EditionBLM geothermal leases in Oregon sale net more than $430,000 - Elkhorn Media Group
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BLM geothermal leases in Oregon sale net more than $430,000 - Elkhorn Media Group
VALE(Release from the Vale Bureau of Land Management)-The Bureau of Land Management leased two parcels in Malheur County totaling 5,235 public acres for $430,518. The sale generated an average of $82 per acre in total receipts, which was the most per acre revenue generated from a BLM geothermal lease sale in Oregon in recent history. For each parcel leased, 50 percent of the combined bid, rental receipts, and subsequent royalties will go to the…
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