Statoil high bidder on 14 leases in Gulf of Mexico Central Lease Sale

Statoil has announced today that it successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, LA yesterday, March 18, 2015.

“The acreage high bid today, completes our ownership of the Monument prospect, brings additional prospects in to our portfolio and strengthens our position in prioritised areas of the US Gulf of Mexico,” says Jez Averty, Statoil’s senior vice president, exploration for North America.

Statoil says that its winning bids are subject to review and final approval by the authorities.