1963–After months of active exploration and seismic research of Tyonek reservation lands, the Interior Department puts the 25,000 acres of the reservation land up for oil leasing. The sale became a target for lawsuits filed by the Tyoneks and some oil companies, and is stopped at 1:58 p.m., two minutes before the official start of 2 p.m. The Tyoneks successfully argue that they own the oil lands and are entitled to bonus bids.
Awesome, I never knew there was other places plan to drill for oil.