Private Wyoming oil lease auction takes shape

Posted: Oct 12, 2010

Written by

DUSTIN BLEIZEFFER, Casper Star Tribune

The idea of a private mineral lease auction targeting the Niobrara oil play has attracted a lot of interest from potential buyers and sellers. The auction is being organized by California resident Ben Massion, who owns mineral interests in southeast Wyoming. He said plans are nearly finalized for an online auction to take place later this month. Massion estimated that up to 200,000 acres of private minerals will go up for auction in Wyoming and Colorado.

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