Printer Friendly

KERR-MCGEE IS HIGH BIDDER ON FOUR OFFSHORE BLOCKS

 OKLAHOMA CITY, Sept. 21 /PRNewswire/ -- Kerr-McGee Corp. (NYSE: KMG) was the high bidder on four blocks offshore Texas in last week's federal oil and gas lease sale. The bids are subject to approval by the U.S. Interior Department's Minerals Management Service.
 Kerr-McGee will hold 100 percent interest in all of the blocks which are located in water depths ranging from 40 feet to 550 feet.
 Award of these blocks will increase the company's undeveloped leaseholdings in the Gulf of Mexico by approximately 9,800 acres to more than 297,000 net acres.
 -0- 9/21/93
 /CONTACT: Dow Dozier of Kerr-McGee, 405-270-2877/
 (KMG)


CO: Kerr-McGee Corp. ST: Oklahoma IN: OIL SU:

MC -- DV001 -- 4075 09/21/93 10:24 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 21, 1993
Words:121
Previous Article:NEW 'ALL TERRAIN' CHAIR TAKES HANDICAPPERS EVERYWHERE
Next Article:ROC COMMUNITIES ANNOUNCES THIRD QUARTER DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters