Energy lease sale nets $2 million in Colorado |

Energy lease sale nets $2 million in Colorado

DENVER (AP) – A sale of oil and gas leases on federal land in Colorado has raised $2 million.

The U.S. Bureau of Land Management sold leases on 14 parcels totaling 9,769 acres in its quarterly auction Thursday in Denver. The highest per-acre price was for a 157-acre parcel in Mesa County. Axia Energy of Denver paid $1,090 per acre for the site.

Forty-nine percent of the auction’s proceeds will go to the state of Colorado.

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