Leed Petroleum acquires Main Pass area interests

March 13, 2008
Leed Petroleum has purchased a portion of Challenger Mineral's interests in the Main Pass 57, 64, and 65 blocks on the outer continental shelf of the Gulf of Mexico.

Offshore staff

LONDON -- Leed Petroleum has purchased a portion of Challenger Mineral's interests in the Main Pass 57, 64, and 65 blocks on the outer continental shelf of the Gulf of Mexico.

"We are pleased to have completed this acquisition, which incrementally adds to our existing revenue and production base in the Main Pass field," says Howard Wilson, president and chief executive of Leed Petroleum. "This acquisition will make a positive impact on our operating results and offers Leed the opportunity to increase its interest in significant exploration potential existing within the field."

03/13/2008