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BLM leases large McKenzie County parcel for $912K

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Bonus bids at the Bureau of Land Management's Jan. 26 oil and gas lease sale in Billings, Mont., totaled about $8.6 million, with four companies jointly bidding $912,100 for leasing rights on an over 1,300-acre parcel in McKenzie County, a BLM spokesperson said.

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The companies were Yates Petroleum Corp., Yates Drilling Co., ABO Petroleum Corp., and Myco Industries, Inc.

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