The NewsRoom
Release: #3728
Date: October 2, 2007
Central Gulf
of Mexico Lease Sale Receives 1,428 Bids on 723 Tracts
NEW ORLEANS
– The bids are in for the upcoming
federal oil and gas lease sale in the Central Gulf of Mexico. The U.S.
Department of the Interior's Minerals Management Service (MMS) Gulf of
Mexico Region announced that 1,428 bids were received from 73
companies on 723 tracts offered in Lease Sale 205.
“The number of
bids received for this sale reaffirms the strong commitment of the
offshore oil and gas industry to develop the nation’s oil and gas
resources in the Gulf of Mexico,” said Randall Luthi, MMS director.
Reading
of the sealed bids for Lease Sale 205 will take place tomorrow,
October 3, 2007 at 9:00 a.m. at the Sheraton New Orleans, 500 Canal
Street, Grand Salon C in downtown New Orleans, Louisiana.
Interior Secretary
Dirk Kempthorne will open the sale, and MMS Director Randall Luthi
will be available after the sale to discuss the results.
Preliminary sale
statistics are posted on the
MMS web site.
This sale will be
WebCast through the Offshore Oil Scouts Association
. Real Player will need to be installed in order to run the
WebCast. Webcasts of the lease sale does not imply any endorsement by
MMS.
Media Contacts:
Caryl Fagot
504-736-2590
Eileen Angelico
504-736-2595
MMS: Securing Ocean Energy & Economic Value for America
U.S. Department of the Interior
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