Auction planned of Michigan oil, gas lease rights

By: Associated Press Email
By: Associated Press Email

Officials are planning an Oct. 24 auction of state-owned oil and gas lease rights.

MLive.com reports (http://bit.ly/PnZZhK ) the auction was formally approved Thursday during a meeting of the state's Natural Resources Commission.

The auction affects a total of roughly 196,000 acres of state land in Allegan, Arenac, Barry, Bay, Emmet, Grand Traverse, Ionia, Iosco, Kalkaska, Kent, Lake, Manistee, Midland, Montmorency, Oakland, Ogemaw, Oscoda, Ottawa, Presque Isle, Saginaw, Tuscola and Wexford counties.

The meeting drew a crowd, including some who worry that the plan will open the door to more oil and gas exploration using hydraulic fracturing, known as "fracking."

The state Department of Natural Resources says the lease rights alone don't give permission to extract oil or gas. That needs an OK from the state Department of Environmental Quality.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 169746686 - wndu.com/a?a=169746686
Gray Television, Inc.