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Lease Sale 254

Sale Summary

Bid Summary

Tracts Bid On: 71
Total Acres Bid On: 397,285.73
Sum of High Bids: $93,083,453
Sum of All Bids: $108,587,185
Total Number of Bids: 84
Total Number of Bidders: 22
Number Single-Bid Tracts: 58
Number Multi-Bid Tracts: 13
Average Dollar/Acre: $234

Tract Receiving Highest Bid

Highest Bid: $11,114,050
Block: GC 0080
Lease: G36896

Rank Bidder Interest Bonus
1 BHP Billiton Petroleum (Deepwater) Inc. 100.00 11,114,050
2 Shell Offshore Inc. 100.00 2,402,610

Tracts Receiving Most Bids

Highest Number of Bids: 2 (on 13 blocks)