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Stock Market & Financial Investment News

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March 21, 2014
08:11 EDTEPL, EXXIEPL Oil & Gas was high bidder on 21 leases in Central Gulf of Mexico lease sale
EPL Oil & Gas announced that it was the high bidder on 21 leases at the Central Gulf of Mexico Lease Sale 231 held Wednesday, March 19, 2014 in New Orleans, Louisiana. The 21 high bid lease blocks cover a total of 92,030 acres on a net and gross basis and are all located in the shallow Gulf of Mexico Shelf within the company's core area of operations. The 21 leases are located within the Eugene Island, Main Pass, South Pass, Ship Shoal, South Timbalier and West Delta areas. EPL's share of the high bids totals $8.2M.
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