BP isn’t going to let a little oil spill prevent it from going after more deepwater...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP isn’t going to let a little oil spill prevent it from going after more deepwater opportunities in the Gulf of Mexico. This week, in the first auction of Gulf leases since the Deepwater Horizon explosion, 20 oil companies bid for blocks; BP bid on 15 leases and won 11, for which it will pay $27M. The entire sale is expected to gross ~$340M.

Subscribe for full text news in your inbox