Norway's Statoil (STO +0.6%) is the high bidder on 26 leases, including a 30-year high bid of...

|About: Statoil ASA (STO)|By:, SA News Editor

Norway's Statoil (STO +0.6%) is the high bidder on 26 leases, including a 30-year high bid of $157M for a lease in the Mississippi Canyon area, in the first deepwater Gulf of Mexico lease sale since March 2010. With the addition, Statoil will control more than 350 leases in the Gulf, further securing its significant leaseholder position.