
| BC cashes in at lease sale |
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Operators paid about C$178 million (US$156.9 million) for natural gas leases in British Columbia at a sale held today. The figure dwarfs those of the last five monthly lease sales this year, where companies spent a total of C$68 million. The auction proceeds rank as the ninth-best in British Columbia history, Energy Minister Blair Lekstrom said in a Globe and Mail report.
Source: Upstream
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