The Bureau of Land Management has received almost $1.8 million in bonus bids for federal oil and gas lease rights on 103 parcels involving 121,495 acres of San Juan County land.
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Bids ranged from $2 an acre to $525 an acre. Chuska Energy Co. of Denver submitted the highest bid, $230,400 for a 2,560-acre parcel. Other high bids were $168,000 for a 1,920-acre parcel by Speerex Ltd. of Roswell, N.M.