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High bid hits 6.1 million on Santa Barbara lease
The State Lands Commission met on October 21 and heard a 6.1 million bid for a tide lands lease near Gaviota Santa Barbara. Phillips led the high bid with royalties to the state, while the lease involves oil and gas production east of Gaviota awaiting award.
MENTIONED IN THIS ARTICLE
Los Angeles
CNL
Santa Barbara
State Lands Commission
Phillips
Petroleum
Pauley Petro
Subileum Inc
Gaviota