The competitive lease sale for what it has called the Red Wash Tracts 1 and 2 totals an estimated 21.3 million tons of recoverable reserves in Rio Blanco and Moffat counties.
The BLM said it was underground mineable and ranked as C bituminous coal.
The estimated coal quality on an as-received basis is 8000-10,600 British thermal units per pound; volatile matter of 23.8-35.93%; moisture of 10-15%; fixed carbon of 29.87-46.9%; and with sulfur and ash content of 0.30-0.95% and 7-20%, respectively.
Sealed bids for the sale, known formally as COC-74813, are due by May 29 at 9.30am local time. Bids will be opened at 10am at the BLM’s Lakewood office.
The minimum bid is $100 per acre, though the agency noted that figure was not a representation of fair market value.
The blocks are being offered following a Lease by Application filed by Blue Mountain Energy.
