Offshore staff
HOUSTON -- Noble Energy was the apparent high bidder on 15 deepwater lease blocks in the Central Gulf of Mexico Lease Sale 206. Of the high bids, Noble Energy bid alone on 10 and joined with partners on the remaining five (with an average working interest of 43%). In addition, if awarded and acquired, Noble Energy has the option to acquire an interest in a third-party high-bid block.
The 15 high-bid blocks cover in excess of 70,000 net acres in water depths ranging from approximately 1,000 ft to 7,740 ft (305 m to 2,359 m).
"We are very pleased with the results of the lease sale yesterday," says Charles D. Davidson, Noble's chairman, president, and CEO. "As a result of our high bids, we have increased our inventory of attractive prospects focusing in the Mississippi Canyon, Green Canyon, Walker Ridge, and Garden Banks areas, which we believe hold significant potential in the deepwater Gulf of Mexico."
03/20/2008
