DOI To Hold 2nd Gulf Lease Sale Since Deepwater Spill

Law360, New York (September 24, 2012, 4:10 PM EDT) -- The U.S. Department of the Interior said Monday it will offer 38 million acres of land in the Gulf of Mexico for oil and natural gas leasing early next year, in the agency's second central Gulf lease sale since the Deepwater Horizon oil spill in April 2010. 

In March, the Bureau of Ocean Energy Management will offer up some 7,250 blocks in the Outer Continental Shelf, encompassing the gulf’s entire central planning area, region’s most productive offshore zone. 

The move will mark the Obama administration’s second effort...
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