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Wayne National Forest 2nd Lease Auction – List of Winners

Last week the Bureau of Land Management (BLM) auctioned off a second round of properties located in Wayne National Forest (WNF), in Ohio (see 2nd Wayne Natl Forest Lease Sale Hauls in $5.2M, Double Expectations). The first such auction was for 719 acres (see BLM Auction Leases 17 Parcels, 719 Acres in OH Wayne Natl Forest). The winners of the 17 parcels in the first auction were Eclipse Resources, Flat Rock Development, Gulfport Energy and Petrogas. This most recent (and second) auction was for 20 parcels totaling 1,180 acres. The winners this time were Eclipse Resources, Flat Rock Development, and private investor Philip White. In fact, this second auction was pretty much the Eclipse Resources show. Eclipse paid $3.5 million and took 987 of the 1,180 acres…
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OH Wayne National Forest – List of Auction Winners

As we previously noted, last week the Bureau of Land Management (BLM) proceeded with an online auction for BLM-controlled land in Ohio’s Wayne National Forest (see BLM Auction Leases 17 Parcels, 719 Acres in OH Wayne Natl Forest). The BLM plan was to auction 33 parcels totaling 1,600 acres. As it turns out, only 17 parcels totaling 719 acres actually got auctioned. At the last minute the BLM withdrew 881 acres (16 parcels) because there are remaining issues with ownership title of the mineral rights. Who purchased and how much? Just four drillers won the bids, which totaled $1.7 million. Three of the four have active drilling programs in the Utica Shale. Here is who won, and how much they paid (by parcel)…
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