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Gulf lease sale nets 1.7 billion in bids in Gulf
The first Gulf offshore lease sale after the Deepwater Horizon disaster drew 1.7 billion in winning bids for 454 tracts in the central Gulf. BP Exploration, Shell, Statoil and Chevron led bids while Statoil placed the top offer of 157 million in Mississippi Canyon. Environmental groups protested as security dispersed a brief demonstration and officials prepared a new five year leasing plan due in June.
MENTIONED IN THIS ARTICLE
New Orleans
Interior Department
Ken Salazar
Gulf of Mexico
Salazar
BPPLC
Gulf
Central
Louisiana
Mississippi
Alabama
BP Exploration & Production Inc
Shell Offshore Inc
Statoil Gulf of Mexico LLC
Chevron U.S.A. Inc
Apache Corp
Macondo
Mississippi Canyon
Statoil
Chris John
Louisiana Mid-Continent Oil and Gas Association