MMS rejects 19 bids from lease sale, ends up collecting $342M in bonuses
Nineteen winning bids submitted in last March’s Central Gulf of Mexico Lease Sale 194 were rejected by the U.S. Minerals Management Service because they did not meet the agency’s standard for fair market value, MMS said June 24.
Additionally, MMS said an unidentified participant in the sale refused....
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 07/07/2022)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 