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47 companies bid on Gulf offshore oil leases
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Boston Globe  | August 20, 2008

WASHINGTONDozens of energy companies bid Tuesday to explore nearly two million acres of the western Gulf of Mexico for oil and natural gas, but no offers were made for 90 percent of the acreage on the auction block.The Interior Department on Tuesday received 423 bids from 47 companies to explore a s...
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