CONTRACTPENDING

Tiburon Submits $25 Million Egypt Valley Lease Bid

Ohio Oil and Gas Land Management Commission | State of Ohio logoOhio Oil and Gas Land Management Commission | State of Ohio
Disclosed value
$6,500/acre for 3,846.934 acres ($25,005,071)
From proposal
Document date
May 15, 2026

The 30-second brief

What it covers

The Ohio Oil and Gas Land Management Commission received Tiburon Oil & Gas Ohio, LLC’s bid for the Egypt Valley Wildlife Area oil and gas lease. The offer was $6,500 per acre, or $25,005,071 for 3,846.934 acres, and remained pending with no award identified.

Who holds it

Tiburon Oil & Gas Ohio LLC holds this contract with Ohio Oil and Gas Land Management Commission | State of Ohio.

What happens next

Term as filed: 5-year primary term; one-time 3-year extension option under the standard lease.

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Contract details

Amount
$6,500/acre for 3,846.934 acres ($25,005,071)
Document date
May 15, 2026
Term
5-year primary term; one-time 3-year extension option under the standard lease
Vendor
Tiburon Oil & Gas Ohio LLC
Source document
Oil and Gas Land Management Commission Proposal Nomination 26-DNR-0001 Egypt Valley Wildlife Area 2026-05-15 (Proposal)

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Questions about this contract

Who was awarded the government contract by Ohio Oil and Gas Land Management Commission | State of Ohio?

Tiburon Oil & Gas Ohio LLC was awarded this government contract by Ohio Oil and Gas Land Management Commission | State of Ohio, as recorded on May 15, 2026. The contract value is $6,500/acre for 3,846.934 acres ($25,005,071).

How much is the Tiburon Oil & Gas Ohio LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio worth?

The Tiburon Oil & Gas Ohio LLC contract with Ohio Oil and Gas Land Management Commission | State of Ohio is valued at $6,500/acre for 3,846.934 acres ($25,005,071).

What type of contract is this?

This is a government contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Oil and Gas Land Management Commission Proposal Nomination 26-DNR-0001 Egypt Valley Wildlife Area 2026-05-15 (Proposal), dated May 15, 2026 from Ohio Oil and Gas Land Management Commission | State of Ohio. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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