Natural gas exploration companies paid $321.4 million for six drilling licences in an area, 80 kilometres north of Fort Nelson.

It was the second-highest total for one month, down from $610 million paid in July’s auction.

The total drilling-rights revenue to a record $1.8 billion since the start of the province’s fiscal year in April and $2 billion since January.

Posted: 08|15|08 at 9:05 am. Filed under: Auction News.