DOI Reaps $110M In Gulf Of Mexico Oil Lease Auction

By Keith Goldberg (August 20, 2014, 3:23 PM EDT) -- ConocoPhillips Co. and Chevron Corp. were among the top bidders in the $110 million reaped by the U.S. Department of Interior for oil and gas drilling leases covering over 430,000 million acres in the Gulf of Mexico off the Texas coast, the agency said Wednesday....

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