BOISE, Idaho (AP) — Idaho is getting just over $4,450 from one company for oil and natural gas leases on 1,900 acres in Payette and Gem counties.
The Idaho Department of Lands said Monday there was a single bidder, Snake River Oil and Gas.
The company, which was the major player behind oil and gas legislation during the 2012 Idaho Legislature, bid the minimum amount for the 44 leases it secured at Friday's auction.
Most of the money is going to the state general fund, with under $1,000 going to the Idaho Department of Fish and Game for leases on land it manages.
The tracts range in size from less than a third of an acre to 153 acres.
Snake River Oil and Gas already has multiple leases on private land in western Idaho.