OPINION
JACOBSON, Judge.
This appeal involves the propriety of the State Land Department's leasing of state land for oil and gas exploration.
The facts are not in material dispute. In 1978 and 1979, appellee, Sanchez-O'Brien Mineral Corporation (Sanchez-O'Brien), acquired by assignment the non-competitive oil and gas lease rights to approximately 57,000 acres of state land. The leases at the time of acquisition by Sanchez-O'Brien were to expire in...
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