British Columbia Gas Exploration Rights Auction
Published August 15th, 2008
Natural gas exploration companies paid $321.4 million for six drilling licences in an area, 80 kilometres north of Fort Nelson.
It was the second-highest total for one month, down from $610 million paid in July’s auction.
The total drilling-rights revenue to a record $1.8 billion since the start of the province’s fiscal year in April and $2 billion since January.
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