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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.