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Obama Administration Puts 20 Million GOM Acres On Market

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October 26, 2012

As part of President Obama's all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, secretary of the interior, Ken Salazar, and Bureau of Ocean Energy Management’s (BOEM) director, Tommy P. Beaudreau, released the final details for an oil and gas lease sale that will offer more than 20 million acres offshore and will make available all unleased areas in the western Gulf of Mexico planning area.

Western Gulf of Mexico Lease Sale 229, which will be held on Nov. 28, 2012, in New Orleans, will build ...

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