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Largest drilling lease sale in Gulf...

Largest drilling lease sale in Gulf planned for March 2018

By: Magnolia Tribune - November 14, 2017

Should Mississippi cash in on Trump’s relaxed offshore drilling strategy?

Two weeks after the Trump Administration said it would sell leases for some 77 million acres in the Gulf of Mexico for oil and gas drilling – the largest lease sale ever – the 2017 Gulf Coast Energy Forum, hosted in Biloxi by Consumer Energy Alliance, an advocacy group that supports energy development, highlighted the potential for Mississippi.

According to the Houston Chronicle, the sale, scheduled for March 2018, could open an area the size of New Mexico to drilling, including all unleased areas on the Gulf’s outer continental shelf.

Daily Journal
11/14/17

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.