Statoil adds acreage in Gulf of Mexico Central Lease Sale

Statoil was the apparent high bidder on 14 leases in the US Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, Louisiana.

Jez Averty, Statoil’s senior vice president of exploration for North America, commented that the company’s high bid completes its ownership of the Monument prospect, brings additional prospects in to Statoil’s portfolio, and strengthens the company’s position in prioritized areas of the US Gulf of Mexico.

Statoil's winning bids are subject to review and final approval by the authorities.

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