Statoil was the highest bidder on 21 leases today in the central area lease sale for the US Gulf of Mexico.
"The lease sales are important events for us to high-grade our portfolio and to acquire new promising acreage," explained Helen Butcher, Statoil exploration manager for the US Gulf of Mexico.
"This year we have concentrated our efforts in and around areas where we already have promising exploration leads and prospects," she added.
Statoil's winning bids are subject to review and final approval by the MMS which can take up to 90 days.
Statoil is already a world leading offshore oil and gas company and is by this lease sale further strengthening its global exploration portfolio.
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