By OGJ editors
HOUSTON, May 30 -- The US Minerals Management Service said Petsec Energy Inc., a US subsidiary of Petsec Energy Ltd., Sydney, acquired a lease for the 2,923-acre Main Pass 91 in the Gulf of Mexico. The lease has a 5-year exploration term.
Main Pass 91 has produced more than 180 bcf of gas. Petsec previously held the lease but sold it in 2000.
Main Pass 91 is in 30 ft of water adjacent and to the north of Petsec's existing Main Pass 19 and Main Pass 18 leases. The new lease also adjoins the Main Pass 7 lease, awarded to Petsec last week.