Stone Energy Bids High for 11 Offshore Blocks in GOM

Stone Energy Corporation announced the results of its participation in the Outer Continental Shelf Sale 213 held by the Minerals Management Service in New Orleans covering available blocks in the central Gulf of Mexico. Stone submitted the apparent high bid on eleven offshore blocks. Stone's share of the lease bonuses for the eleven AHBs totaled approximately $10.7 million. The lease acquisitions will add approximately 57,815 gross acres and 40,546 net acres to Stone's leasehold inventory. The AHBs are subject to a review process by the MMS before they can be awarded.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Instrumentation & Electrical Project Estimator
Expertise: Electrician|Estimating|Project Management
Location: Spring, TX
Rockies Regional Instrumentation & Electrical Operations Manager
Expertise: Business Development|Electrician|Operations Management
Location: Durango, CO
Operator Assistant
Expertise: Regulatory Compliance|Rig Mover|Wireline
Location: Bakersfield, CA
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours