The Bids are in for Central GOM Lease Sale 205

The U.S. Department of the Interior's Minerals Management Service (MMS) Gulf of Mexico Region has received 1,428 bids from 73 companies on 723 tracts offered in the Central Gulf of Mexico Lease Sale 205.

"The number of bids received for this sale reaffirms the strong commitment of the offshore oil and gas industry to develop the nation's oil and gas resources in the Gulf of Mexico," said Randall Luthi, MMS director.

Reading of the sealed bids for Lease Sale 205 will take place on October 3, 2007 at 9:00 a.m. at the Sheraton New Orleans, 500 Canal Street, Grand Salon C in downtown New Orleans, Louisiana.

Interior Secretary Dirk Kempthorne will open the sale, and Assistant Secretary for Land and Minerals Management C. Stephen Allred, and MMS Director Randall Luthi will be available after the sale to discuss the results.

To obtain an overview of the bids received, download the PDF report from the MMS web site.

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