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Vol. 10, No. 33 Week of August 14, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Gulf sale area on block since early 1980s

Bidders may have difficulty finding quality tracts in picked over Western Gulf; 3,762 tracts available in Aug. 17 lease sale

Ray Tyson

Petroleum News Houston Correspondent

With exploration and production companies taking in staggering amounts of cash on the unprecedented strength of commodity prices, there’s no question they could afford to load up on Western Gulf of Mexico oil and gas leases at the annual sale Aug. 17 in New Orleans. However, after years of areawide....

    [additional news subjects in this story]

Last year’s sale strongest in five years

Sale offers 3,762 blocks


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