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Vol. 11, No. 35 Week of August 27, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

Legal cloud hangs over sale results

Western Gulf Lease Sale 200 generates surprising $340.9M in high bids on 381 tracts after MMS prevails against challenges

By Ray Tyson

For Petroleum News

The U.S. Minerals Management Service, which prevailed against early legal challenges to Western Gulf of Mexico Lease Sale 200, walked away from the traditional August sale with a surprising $340.9 million in high bids. In fact, it was the best Western Gulf showing in nine years for the number of bid....

    [additional news subjects in this story]

Temporary injunction shot down

Garden Banks, Keathley Canyon receive more than half bids

Trend could stretch 100 miles

Petrobras has most high bids


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