oil and gas lottery
Definition
A former program headed by the United States Bureau of Land Management, which established the foundation for the current oil and gas leasing auction program. The program is referred to as the oil and gas lottery because any unsold parcels are put into a lottery system that determines to whom the unsold parcels will go.
Popular '' Terms
oil and gas lottery in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/oil-and-gas-lottery.html
