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