GulfSlope Energy awarded two offshore Gulf of Mexico lease blocks
HOUSTON -- GulfSlope Energy has received notice of award of two offshore lease blocks for which it was the high bidder at offshore lease sale 235, central Gulf of Mexico, conducted by the Bureau of Ocean Energy Management (BOEM).
With the conclusion of the lease award process, the company will control 107,961 acres covering 19 prospects. The blocks are located on the outer shelf and upper slope of the offshore Gulf of Mexico, in water depths of less than 1,000 ft. The sum of the awarded high bids was $277,400 on the leases awarded to the company.
The blocks awarded and the corresponding bonus amounts to be paid are:
- Vermilion Area, South Addition 378 - $126,200
- Grand Isle Area, South Addition 102 - $151,200
BOEM rejected the company's apparent high bid on Ship Shoal Area, South Addition 285, and this block will not be awarded. The company has 100% working interests in the awarded blocks.
