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Re: JoeSmith post# 75873

Wednesday, 08/20/2008 4:17:03 PM

Wednesday, August 20, 2008 4:17:03 PM

Post# of 107353
A total of 53 companies offered $607 million for leases covering 1.8 million acres in federal waters off Texas. About 90% of the tracts the government auctioned off received no bids. The highest bid — $61 million — came from StatoilHydro USA, followed closely by Chevron USA Inc., which offered $52 million for a tract.



hedge fund manager to The System: cram it with walnuts -
http://www.cnbc.com/id/27239479

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