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Fall 2019 Lease Sale to Include SALSA Oil and Gas Sale Blocks

May 17, 2019 | Government, News, Oil & Gas

Map of proposed SALSA blocks for sale in conjunction with the Fall 2019 oil and gas lease sale.

Alaska DNR

ANCHORAGE—The Division of Oil and Gas will offer Special Alaska Lease Sale Area (SALSA) blocks in conjunction with the Fall 2019 oil and gas lease sale, Commissioner Corri A. Feige said.

The Harrison Bay, Storms, and Gwydyr Bay lease sale blocks will be offered again in 2019 with the same or similar terms and conditions as were offered in the Fall 2018 sale. Each lease sale block has 3-D seismic data acquired through the State of Alaska Tax Credit Program, which are available through the Department of Natural Resources.

“We received enthusiastic feedback about the 2018 SALSA program and the data compilation associated with the program,” said Commissioner Feige. “By signaling our intentions earlier this year, potential bidders will have much more time to evaluate and consider opportunities. We see SALSA as an outstanding way to market Alaska’s resources, easing the data research process, and accelerating exploration and development.”

The bid opening for the Fall 2019 lease sale is tentatively set for 9 a.m. AST on Wednesday, December 11, 2019 in Anchorage. The Notice of Sale with terms and conditions will be available in June 2019.

An updated version of the SALSA data guide has been posted online to prepare potential bidders for the Fall 2019 lease sale.

 

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