®: CRE Regulatory Action of the Week
BOEM Gulf of Mexico Lease Sale
On March 21, 2018, the U.S. Bureau of Ocean Energy Management will open and publicly announce bids received for blocks offered in the Gulf of Mexico Outer Continental Shelf Region-wide Oil and Gas Lease Sale 250 in accordance with the provisions of the Outer Continental Shelf Lands Act and its implementing regulations. BOEM must receive all sealed bids between 8:00 a.m. and 4:00 p.m., CST, on weekdays, excluding holidays, prior to the sale, with the exception of Tuesday, March20, 2018, the day before the lease sale,when the Bid Submission Deadline is 10:00 a.m., CST.
This is one of largest offshore lease sale in U.S. history.
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