W&T Offshore apparent highest bidder on four GoM blocks

W&T Offshore Inc. was the apparent high bidder on four Outer Continental Shelf (OCS) blocks in the Central Gulf of Mexico Lease Sale 208.

Offshore staff

HOUSTON -- W&T Offshore Inc. was the apparent high bidder on four Outer Continental Shelf (OCS) blocks in the Central Gulf of Mexico Lease Sale 208.

The four apparent high bids were on Ship Shoal block 360, Ship Shoal block 367, South Timbalier block 304, and Main Pass block 284. Three of the four blocks are near existing infrastructure.

W&T Offshore's investment on the high bids will be approximately $0.7 million, which reflects a 100% working interest.

High bids are subject to MMS review and acceptance.

03/23/2009

More in Regional Reports