On June 5, 2026, the Trump administration conducted an auction for drilling rights in a wildlife refuge in Alaska. The auction resulted in only two bidders for a small number of the available tracts. Out of approximately 60 tracts offered for leasing, only five received bids. The bidders included HEX Energy.
Trump Administration Auctions Drilling Rights in Alaska Wildlife Refuge with Limited Interest
The Trump administration held an auction for drilling rights in an Alaskan wildlife refuge, but it attracted minimal interest, with only two bidders participating. Out of around 60 available tracts, just five received bids.
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Trump auctions off rights to drill in Alaska wildlife refuge, but gets few bidders
Trump Administration Auctions Drilling Rights in Alaska Wildlife Refuge with Limited Interest