NOTICE OF SALE ALASKA PENINSULA AREAWIDE 2024, COOK INLET AREAWIDE 2024 COMPETITIVE OIL AND GAS LEASE SALES

The Alaska Department of Natural Resources (DNR), Division of Oil and Gas (DO&G), is giving notice pursuant to AS 38.05.945(a)(4) that it is offering State lands for competitive oil and gas leasing in the Alaska Peninsula Areawide 2024 (APA 2024) and the Cook Inlet Areawide 2024 (CIA 2024) Competitive Oil and Gas Lease Sales. This notice is available on the State of Alaska Online Public Notice System at https://aws.state.ak.us/OnlinePublicNotices/.Bidding MethodThe bid method for the APA 2024 sale will be cash bonus with fixed royalty. The bid method for the CIA 2024 sale will be net profit share bidding with fixed cash bonus. The sales will be conducted by sealed bid auction. DO&G has contracted with EnergyNet Services, LLC (EnergyNet) to provide an online bidding system for this sale. Bidder registration and bid submission will be on the EnergyNet Government Listings site at

rel="no-follow" href="https://www.energynet.com.Sale" target="_blank">https://www.energynet.com.Sale DatesAll times listed are Anchorage, Alaska Local Time. First day to submit bids with EnergyNet – Monday, May 13, 2024. Deadline to submit bids with EnergyNet – Thursday, June 6, 2024, at 12:00 p.m. Bidding results available to the public online at https://dog.dnr.alaska.gov – Wednesday, June 12, 2024, at 9:00 a.m.Areawide Lease Sale LocationsThe Alaska Peninsula Areawide includes approximately 5.0 million acres of state-owned land in 1,004 tracts, ranging in size from 1,280 to 5,760 acres. The sale area encompasses onshore and offshore acreage that extends from the Nushagak Peninsula in the north then along the west side of the Alaska Peninsula to just north of Cold Bay. Portions of these tracts are located within the Bristol Bay Borough, the Lake and Peninsula Borough, the Aleutians East Borough, or the Dillingham Census Area.The Cook Inlet Areawide includes approximately 3 million acres of state-owned land in 725 tracts, ranging in size from 640 to 5,760 acres. The sale area encompasses onshore and offshore acreage that extends from Wasilla in the north to Anchor Point in the southeast, then along Alaska’s Submerged Lands Act boundary in Cook Inlet to the Iniskin Peninsula on the Alaska Peninsula and north toward the Susitna Valley. Portions of the tracts are located within the Kenai Peninsula Borough, the Matanuska – Susitna Borough, or the Municipality of Anchorage.Sale DocumentsComplete details regarding these lease sales are on the DO&G website at https://dog.dnr.alaska.gov/LeaseSale. Sale documents include this Notice of Sale, Sale Announcement and Instructions to Bidders, Areawide Sale Information, Attachment A with Estimated Acreages and deferred tracts, lease forms, mitigation measures, and tract map.Please call (907) 269-8800 or email dog.leasing@alaska.gov. if you are unable to access sale information. Subscribe to leasing email announcements at https://list.state.ak.us/mailman/listinfo/DOG.Leasing.Sale Terms and Conditions Alaska Peninsula Areawide 2024 Terms and Conditions Lease Sale Tracts Bid Variable Minimum Bid Royalty Rate Primary Lease Term Annual Rental Rate Lease Form All APA2024 Tracts Cash Bonus $5.00 per acre 12.5% Fixed 10 Years Year 1: $1.00 per acre Year 2: $1.50 per acre Year 3: $2.00 per acre Year 4: $2.50 per acre Years 5-10: $3.00 per acre DOG 202104 Cook Inlet Areawide 2024 Terms and Conditions Lease Sale Tracts Bid VariableMinimum Bid Per Acre Cash Bonus Primary Lease TermAnnual Rental Rate Lease Form All CIA 2024 TractsNet Profit Share 5.00% $40.00 per acre Fixed 5 Years*Year 1: $1.00 per acre Year 2: $1.50 per acre Year 3: $2.00 per acre Year 4: $2.50 per acre Year 5: $3.00 per acre DOG 202309 NPS *State oil and gas leases may receive a one-time lease extension under certain conditions. AS 38.05.180(m) Deferred lease sale tracts are listed on Attachment A of the Areawide Sale Information and will not be listed with EnergyNet. Check https://dog.dnr.alaska.gov/LeaseSale for updated Attachment A documents.Best Interest Findings to Offer Oil and Gas Leases in Areawide SalesThese lease sales are being held according to AS 38.05.035(e) and AS 38.05.180. Under these statutes, land that is subject to a best interest finding issued within the previous 10 years may be offered for oil and gas leasing. The finding sets forth the facts, policies, and applicable laws and regulations upon which the Director based the determination that oil and gas lease sales in an Areawide sale will best serve the interests of the State. Every year, the Director makes a request for substantial new information that may justify a supplement to the finding and issues a response to information received. Best interest finding documents and supplements for these sales can be found on the DO&G website at https://dog.dnr.alaska.gov/LeaseSale. If you are unable to access this information, call the Leasing Section at (907) 269-8800 or email dog.bif@alaska.gov.Americans with Disabilities Act ComplianceThe State of Alaska, DNR, DO&G complies with Title II of the Americans with Disabilities Act 1990. This publication will be made available in an alternative communication format upon request. Please call (907) 269-8800 or email dog.leasing@alaska.gov to make any necessary arrangements.