Oil and Gas sale results from March

19 of the 25 parcels offered were purchased, and that resulted in just over 42 million dollars in bonus bids.

It compares with 9.9 million in January and only 4.8 million in February, and raises the eleven month, fiscal year total, to more than 113 million dollars.

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However, is still unlikely the 2012-13 fiscal year will come close to the previous fiscal year’s total of 286.6 million.

Still there are signs in recent days of some renewed, oil and gas industry life, with the price of natural gas finally slipping over the elusive four dollar benchmark, yesterday.

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