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Gulf of Mexico Lease Sale 250 reflects a gradual improvement in market conditions category
March 25, 2018

Gulf of Mexico Lease Sale 250 reflects a gradual improvement in market conditions

The President of National Ocean Industries Association (NOIA) issued a statement saying that NOIA is encouraged by the results of Gulf of Mexico Lease Sale which present a promising picture for future growth. The number of bids submitted and the total high bids have increased in number since August, 2017. This is an indication of increased confidence of producers to invest in the Gulf of Mexico.

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