The Oil and Gas Land Management Commission recently selected the winning bids to lease mineral rights under select Ohio DNR (ODNR) and Ohio Department of Transportation (ODOT) properties. Under Ohio law, the commission was required to select the “highest and best bid.”
On July 10, the commission posted the nominated leasing parcels for bid. August 9 was the deadline to submit bids. Following the submissions, the commission members reviewed the bids to determine the highest and best bids.
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