Noble Energy apparent high bidder on 24 GoM blocks

March 19, 2009
Noble Energy was the apparent high bidder on 24 deepwater lease blocks in the Central Gulf of Mexico Lease Sale 208.

Offshore staff

HOUSTON -- Noble Energy was the apparent high bidder on 24 deepwater lease blocks in the Central Gulf of Mexico Lease Sale 208. Of the high bids, Noble Energy bid alone on 21 and joined with partners on the remaining three blocks.

Noble Energy's share of the lease bonuses on its apparent high bids totaled approximately $55 million. The 24 high bid blocks cover in excess of 119,000 net acres in water depths up to 8,300 ft (2,530 m).

All high bids are subject to approval by the Minerals Management Service (MMS) of the US Department of the Interior.

03/19/2009