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December 16, 2011

BP Among Winning Bidders for New Gulf Drilling 
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A number of large oil firms have purchased new drilling leases in the
Gulf of Mexico in the first such auction since the BP oil spill of April
2010. The firm Conoco Phillips was the highest bidder, paying more than
$103.2 million to drill. BP was also a winning bidder, paying $27
million.



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