Legal cloud hangs over sale resultsWestern 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....
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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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