US Gulf of Mexico oil and gas auction ends with $46.98 mln in high bids

+1.19%

+0.79%

+1.16%

+2.06%

Occidental Petroleum Corporation OXY	62.97	+1.19%
Chevron Corporation CVX	198.97	+0.79%
Shell Plc Sponsored ADR SHEL	93.10	+1.16%
BP PLC Sponsored ADR BP	47.12	+2.06%

March 11 (Reuters) - A sale of drilling rights in the Gulf of Mexico ended with $46.98 million in high bids from oil and gas companies, officials with the U.S. Bureau of Ocean Energy Management said on Wednesday.

Winning bidders included BP BP.L, Chevron CVX.N, Shell SHEL.L and Anadarko. The bids were read via livestream on BOEM's website.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.