The Cook Inlet lease sale terms include stipulations to protect biologically sensitive resources, mitigate potential adverse effects on protected species, and avoid potential conflicts associated with other inlet users.
Following the sale, the bid will go through a 90-day evaluation process to ensure the public receives fair market value before a lease is awarded, and a Department of Justice review of antitrust considerations. If a lease is awarded, it will be posted to BOEM’s website following the 90-day review. All materials and statistics for Lease Sale 258 are available at www.boem.gov/ak258.