Annual Report: FY2013 earnings net $96 million for beneficiaries
SITLA Director Kevin Carter reports strong business leadership and prudent land stewardship practices marked a successful 2013 fiscal year for the Trust Lands Administration. Highlights from this year’s annual report: – $96.3 million in proceeds were deposited into permanent funds or distributed to beneficiaries– Permanent School Fund topped $1.6 billion, providing $40 million to K-12 […]
SITLA attorney Thomas Mitchell earns Utah Legal Elite honor
Thomas A. Mitchell, an attorney with SITLA, was selected as one of Utah Business magazine’s 2014 Utah Legal Elite, a select group of lawyers practicing in Utah. Mitchell joined SITLA in 2003 and has practiced law for 32 years. He works in all areas of energy and natural resources policy, law, and litigation, and serves […]
Oil and Gas/Minerals groups yield more than $3 million at quarterly lease sale
The SITLA Oil and Gas, and Minerals groups held their quarterly lease sale October 28, generating more than $3.2 million for beneficiaries. The Oil and Gas Group leased 36,765 acres for a total of $3.2 million and the Minerals Group leased 2,123 acres for $35,489. This is a sealed-bid auction for lessees to acquire either […]