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GoM bids at lowest level in 5 years

Low oil prices have sent the number of bids in the latest Gulf of Mexico lease sale to the lowest levels in more than five years.

Lower interest: the number of bids and bidders was down compared to last year
Lower interest: the number of bids and bidders was down compared to last year
Published 23 March 2016, 00:19Updated 18 October 2016, 04:59