The sale of federal oil and gas leases on Colorado's Roan Plateau netted a record $114 million today, according to the Bureau of Land Management.
The sale of 31 parcels covering 55,186 acres atop and along side the Garfield County mesa in western Colorado generated the most revenue for a sale in the lower 48 states. The money will be split, with 51 percent going to the U.S. Treasury and 49 percent going to the state of Colorado.
About 16,000 protests to the sale — including one from Gov. Bill Ritter's administration — were filed with the BLM. There has also been a legal challenge recently filed against these leases, so it may be a while before any of these leases are finalized.
Photo: Bureau of Land Management