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BP Returns To GoM Lease Sales

The Bureau of Ocean Energy Management said that $872 million in high bids was submitted by 43 companies for deep and shallow water.

CEO McCarroll talks about the companys journey to becoming top operator in the shelf.

The transaction, which will be funded from W&T's Offshores available cash on hand and revolving credit facility, is expected to close on Nov. 30.

Apache has completed or announced more than $7 billion in asset sales year-to-date.

The sale of this non-core asset does not alter W&T Offshore's previously issued production or expense guidance.

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