GOM lease sale yields $121 million in high bids on 508,096 acres

U.S. Secretary of the Interior Ryan Zinke has announced that the region-wide Gulf of Mexico lease sale generated $121,143,055 in high bids for 90 tracts covering 508,096 acres in federal waters of the Gulf of Mexico. A total of 27 companies participated in the sale, submitting 99 bids totaling $137,006,181. ...»