Occidental Bid Delayed
As Wyoming preps bid on Occidental's Wyoming assets, bid deadline has changed. Wyoming commits to holding public meeting prior to submitting bid.
Wyoming Governor Mark Gordon has been intent on exploring the investment opportunity should the State of Wyoming purchase 1 million acres of surface and 4 million acres of mineral rights for sale by Occidental Petroleum in the checkerboard area of southwestern Wyoming.
Gordon's Communications Director Michael Pearlman confirmed Tuesday morning that the Wyoming State Loan and Investment Board (consisting of Wyoming's top statewide elected officials) will provide public notice prior to convening a meeting to consider whether to submit a bid.
Although the bid deadline had been set for July 1, Pearlman noted that the bid deadlines have been changed in the past. With no public notice of a SLIB meeting at this time, it appears the deadline has once again changed.
Should Gordon be successful in his quest to have the State of Wyoming acquire the property, it would be the largest government purchase of private land since the United States purchased Alaska.
To learn more about the proposed deal, read this.