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https://www.lexco.com/sale-231/prelim/

Lease Sales 231 & 225

March 19, 2014

Central Planning Area Lease Sale 231 and Eastern Planning Area Sale 225 will be held in New Orleans on March 19, 2014. Central Sale 231 will cover 7,511 blocks on more than 39.6 million acres and Eastern Sale 225 will cover 134 blocks on about 500,000 acres.

Preliminary Results (courtesy of BOEM)

On Tuesday, March 18, 2014, the BOEM announced the following information:

Central Sale 231

  • There are a total of 380 bids on 326 tracts.
  • The total acreage receiving bids (1,695,243) is 4.3% of the available acreage.
  • The average number of bids per tract is 1.17.
  • 285 tracts received one bid each; 33 tracts received two bids.
  • There was 1 tracts that received 6 bids.
  • 42 companies submitted bids.

Eastern Sale 225

There were no bids recieved.