Wednesday, November 28, 2012

Reuters: Regulatory News: BP suspension could affect Gulf lease awards-Interior Dept.

Reuters: Regulatory News
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BP suspension could affect Gulf lease awards-Interior Dept.
Nov 28th 2012, 14:52

WASHINGTON | Wed Nov 28, 2012 9:52am EST

WASHINGTON Nov 28 (Reuters) - The U.S. Interior Department would not award any lease to British oil company BP Plc in Wednesday's Gulf of Mexico lease sale "unless and until" the company resolves its suspension from federal contracts, a department official said on Wednesday.

The department's Bureau of Ocean Energy Management did not comment on whether BP is participating in the sale of about 20 million acres off the Texas coast.

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