StatoilHydro highest bidder on 23 GoM leases

StatoilHydro was the highest bidder on 23 leases in the central area lease sale in the US Gulf of Mexico.

Offshore staff

OSLO -- StatoilHydro was the highest bidder on 23 leases in the central area lease sale in the US Gulf of Mexico.

"The leases we acquired are in deepwater and predominantly in high quality Miocene sands, in which StatoilHydro is participating in several promising discoveries, including Tahiti, Heidelberg, Caesar/Tonga, and Knotty Head", says Øivind Reinertsen, head of StatoilHydro's upstream activities in USA and Mexico.

StatoilHydro's winning bids are subject to review and final approval by the MMS, which can take up to 90 days.

03/18/2009

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