THE latest acreage round in the Gulf of Mexico has been an epic one with high bids hitting US$120 million, a rise over the prior auction six months ago despite the oil price downturn.
Byron;s first SM platform
Australia's Byron Energy was the the highest bidder on South Marsh Island Block 66 which is southeast of its SM60 and was the only Aussie to join the round, with partner Otto Energy opting out...
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