Gulf of Mexico

Petsec Energy Ltd., Sydney, was awarded a lease on Main Pass Block 132, on which it was high bidder at the Central Gulf of Mexico Lease Sale 213 in New Orleans on Mar. 17, 2010.

By OGJ editors
HOUSTON, June 3
-- Petsec Energy Ltd., Sydney, was awarded a lease on Main Pass Block 132, on which it was high bidder at the Central Gulf of Mexico Lease Sale 213 in New Orleans on Mar. 17, 2010.

Petsec Energy submitted a sole bid of $158,900 for the lease and will own a 100% working interest. The block, 70 miles south of Pascagoula, Miss., is in 157 ft of water and contains the Gazelle prospect with 30-60 bcfe of unrisked potential.

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