OEDC successful bidding in 3 tracts in Gulf of Mexico's lease sale
Mar 12, 1997 01:00 AM
Offshore Energy Development Corp. has announced that it was apparent high bidder on 3 tracts offered in the recent Federal Offshore Lease Sale for the central Gulf of Mexico area. OEDC will be the operator of all of these tracts.
The following is a summary of OEDC's apparent winning bids:
Tract Apparent Winning Bid Working Interest
- Vermilion 236 $ 447,500 50%
- Vermilion 253 $ 2,753,411 100%
- Vermilion 356 $ 822,222 100%
Source: not available
