Some guilt to be found on both sides.
On the one hand, a company sat on a lease without doing anything with it and did not get the request for an extension on time. On the other hand, an administration that wants billions to spend for leasing it to China or some other country where we will not see anything from it.
Make that:
... a company sat on a lease without doing anything with it other than spending nearly $300,000,000.00 drilling two wells ....
:)