Welligence US Alaska Licensing | Will latest lease sale draw interest beyond incumbents?

May 19, 2025

The Alaska Department of Natural Resources (DNR) has initiated its latest bid round for the Cook Inlet and Alaska Peninsula regions. Launched on 19 May 2025, the sale offers over 1,500 tracts (leases) spanning more than 7 million acres. Companies have until 5 June 2025 to submit bids.