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Lease Sale 224

Sale Summary

Bid Summary

Tracts Bid On:

36

Total Acres Bid On:

190,297

Sum of High Bids:

$64,713,213

Sum of All Bids:

$72,137,645

Total Number of Bids:

58

Total Number of Bidders:

6

Number Single-Bid Tracts:

18

Number Multi-Bid Tracts:

18

Average Dollar/Acre:

$340

 

Tract Receiving Highest Bid

Highest Bid: $8,049,750
Block: LL 0289
Lease: G32032

Rank

Bidder

Interest

Bonus

1

Anadarko E&P Company

80.00

8,049,750

 

Murphy Exploration & Production Company - USA

20.00

 

2

Shell Offshore Inc.

100.00

1,474,377

3

Eni Petroleum US LLC

100.00

609,011