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Tag Archives: north dakota mineral leases

North Dakota drilling rights auction nets nearly $8.5M

BISMARCK, N.D. — A quarterly state auction for oil drilling rights on North Dakota state land has fetched nearly $8.5 million. The Bismarck Tribune reports that more than 10,500 mineral acres in nine counties were auctioned Tuesday at the state Capitol. A total of 340 acres were auctioned for over $3.6 million in Mountrail County. About 245 acres went for ...

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