HOUSTON–(BUSINESS WIRE)–Efficient Markets is pleased to announce the results of yesterday’s Bureau of Land Management’s (BLM) online federal oil and gas lease sale in New Mexico and Texas for 74 parcels covering 33,529 acres. Multiple all-time high records were achieved, including the substantial aggregate high bids of $4,007,609,288, as well as the highest per-acre bid record at $357,129. Bidding activity remained highly competitive throughout the sale, with 100 percent of parcels receiving
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