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Home›News›Total acquires new offshore blocks in the Gulf of Mexico
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April 1, 2008 · about 18 years ago

Total acquires new offshore blocks in the Gulf of Mexico

Total announces that its wholly owned subsidiary, Total E&P USA Inc., was the highest bidder in the lease sale 206 on 13 blocks in the Central Gulf of Mexico. Situated in deep waters (1,500 to 2,000 metres) and close to Total’s wholly-owned blocks in this area, each of the thirteen Lease Sale blocks

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Total announces that its wholly owned subsidiary, Total E&P USA Inc., was the highest bidder in the lease sale 206 on 13 blocks in the Central Gulf of Mexico.

Situated in deep waters (1,500 to 2,000 metres) and close to Total’s wholly-owned blocks in this area, each of the thirteen Lease Sale blocks is of an area of approximately 25 square kilometres. The lease period for these exploration blocks is ten years.

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