DOI OKs 1st Gulf Oil, Gas Lease Sales Since Deepwater

Law360, Washington (August 19, 2011, 4:06 PM EDT) -- The U.S. Department of the Interior said Friday that it is planning the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill.

The DOI's Bureau of Ocean Energy Management will hold the proposed Western Gulf of Mexico Lease Sale 218 in New Orleans on Dec. 14, 2011, slated to include all available unleased areas in the Western Gulf Planning Area offshore of Texas.

“This sale is an important step toward a secure energy future that...
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