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Drillers snap up federal leases near Utah’s wilderness monuments

March 22, 2018 by CaliforniaCarbon.info

(Source:Reuters) The U.S. Bureau of Land Management on Tuesday auctioned off more than 51,000 acres (21,000 hectares) in southeastern Utah for oil and gas development, a sign of strong industry demand in a region conservationists have vowed to protect.The Utah lease sale included terrain near the former boundaries of the Bears Ears National Monument, whose size was scaled back by the Trump administration last year, as well as the Hovenweep and Canyons of the Ancients monuments, according to the bureau.Results of the online auction, posted on Tuesday afternoon, showed that all 43 parcels up for sale received winning bids, which averaged $28.68 per acre and ranged between $2 and $93 per acre. Total proceeds from the auction were $1.56 million, according to the BLM. Read full article…

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