RECENT MMS LEASE SALE AUGUST 20, 2008 

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 SALE 207
 
 
 
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Lease Sale 207 - Sale Summary Lexco Data Sytems - (OWL) Offshore Wells & Leases



Lease Sale 207
Sale Summary

Print Report

Bid Summary

Tracts Bid On:

319

Total Acres Bid On:

1,827,358

Sum of High Bids:

$487,297,676

Sum of All Bids:

$607,134,968

Total Number of Bids:

423

Total Number of Bidders:

53

Number Single-Bid Tracts:

253

Number Multi-Bid Tracts:

66

Average Dollar/Acre:

$266.67

 

Tract Receiving Highest Bid

    Highest Bid: $61,110,000
    Block: AC 0380
    Lease: G32954

Rank

Bidder

Interest

Bonus

1

Statoil Gulf of Mexico LLC

100.00

61,110,000

2

Anadarko E&P Company LP

75.00

8,133,700

 

Mariner Energy, Inc.

25.00

 

3

Chevron U.S.A. Inc.

100.00

1,387,556

 

Tract Receiving Most Bids

Highest Number of Bids: 7

Block: HI A0469
Lease: G32771

Rank

Bidder

Interest

Bonus

1

Century Exploration New Orleans, Inc.

100.00

2,744,778

 2

W&T Offshore, Inc.

100.00

2,400,000

3

Arena Energy, LLC

100.00

2,185,000

4

Walter Oil & Gas Corporation

100.00

1,878,626

5

Newfield Exploration Company

100.00

1,733,910

6

Houston Energy, L.P.

100.00

1,579,391

7

Maritech Resources, Inc.

100.00

355,700