Thursday, October 20, 2016

USA, California: BLM Geothermal Lease Sale At GRC Annual Meeting

Elko land up for geothermal lease (Elko Daily)

The Bureau of Land Management will hold a competitive geothermal lease sale Oct. 26 that includes several thousand acres in Elko and Lander counties.

The auction begins at 1 p.m. at the Sheraton Grand Hotel in Sacramento towards the end of the GRC Annual meeting & GEA GeoExpo+.

BLM Nevada will offer 22 parcels totaling 46,976 acres of public lands and split estate in the Battle Mountain, Carson City, Elko and Winnemucca districts.

BLM California will offer two parcels totaling 3,495 acres of public lands and federal minerals within the El Centro Field Office.

BLM Utah will offer six parcels totaling 15,782 acres of public lands and split estate in the Fillmore and Cedar City field offices.

Geothermal leases are for a 10-year period. Annual rental for a competitive lease is $2 per acre for the first year, and $3 per acre for lease years 2-10. Annual rental for a noncompetitive lease is $1 per acre for lease years 1-10.

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