Lease Sale 194 & 197 Receive 651 & 12 Bids, Respectively

The U.S. Department of the Interior's Minerals Management Service Gulf of Mexico Outer Continental Shelf Region has received 651 bids from 72 companies on 428 tracts offered in the Central Gulf of Mexico Lease Sale 194 and 12 bids from 6 companies on 12 tracts offered in the Eastern Gulf of Mexico Lease Sale 197.

Lease Sales 194 and 197 will take place on March 16, 2005 at 9 a.m. at the Hyatt Regency Hotel, (at the Louisiana Superdome), 500 Poydras Plaza, (Cabildo Ballrooms A, B, and C) in downtown New Orleans, Louisiana. Lynn Scarlett, Assistant Secretary, Policy, Management and Budget, Department of the Interior. will kickoff the sale. Chris Oynes, MMS Regional Director will be available after the sale to answer any media inquiries.

This sale will be WebCast through the Offshore Oil Scouts Association at Real Player will need to be installed in order to run the WebCast. Webcasts of the upcoming MMS lease sale does not imply any endorsement by MMS.

Company: Minerals Management Service (MMS) more info
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