Wyoming goes all in on million-acre purchase
CHEYENNE, Wyo. – Wyoming has tendered an offer to purchase land and mineral rights from Occidental Petroleum for roughly one million acres—an area the size of Rhode Island.
Governor Mark Gordon and the members of the State Loan and Investment Board (SLIB) have unanimously supported the submission of a bid to purchase Wyoming land with a goal of returning additional revenue to the state.
The non-binding bid is only another step towards the purchase, and is not final. The bid will now be submitted to Occidental Petroleum for the purchase of land and minerals, and may include the entirety of the land offered or a portion.
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