Bids in for MMS lease sale

The US Department of the Interior's Minerals Management Service (MMS) Gulf of Mexico region announced that 423 bids were received from 47 companies on 319 tracts offered for Western Gulf of Mexico federal oil and gas Lease Sale 207 to be held on Aug. 20, 2008.

Offshore staff

NEW ORLEANS -- The US Department of the Interior's Minerals Management Service (MMS) Gulf of Mexico region announced that 423 bids were received from 47 companies on 319 tracts offered for Western Gulf of Mexico federal oil and gas Lease Sale 207 to be held on Aug. 20, 2008.

Reading of the sealed bids will take place tomorrow, Aug. 20, beginning at 9:00 a.m. in the Grand Ballroom of the Royal Sonesta Hotel, 300 Bourbon Street, New Orleans.

Preliminary sale statistics for sale 207 are posted on the MMS website at
http://www.gomr.mms.gov/homepg/lsesale/207/wgom207.html

The sales will be webcast through the Offshore Oil Scouts Association atwww.oosa.com.

08/19/2008

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