state_administrative_board_agenda_june_20_2023.pdf
West Bay Exploration wins oil and gas lease for 890 acres
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Description
West Bay Exploration Company won a state oil and gas lease for 890 acres with a $27,310 bid and multi-year option.
Contract Details
Contract Amount
$27,310.00 (bonus plus rental for 890 acres)
Vendor
WEST BAY EXPLORATION COMPANY
Agency
Michigan Department of Treasury, MI
Contract Type
OTHER
Document Date
June 20, 2023
Contract Term
Five-year primary term plus two one-year extensions
Renewal Info
Lease term five years with two possible one-year extensions.
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