High bids totaling $866,695 have been received by the Uintah and Ouray Indian Tribe of Utah for oil and gas leases on 14 tracts of tribally owned land comprising nearly 31,000 acres, the Department of the Interior announced today.
The high bidder on all 14 of the tracts was Standard Oil Company of California.
The Bureau of Indian Affairs has asked the Department's Geological Survey for technical recommendation prior to acceptance of the bids