CONSOLIDATED GAS <CNG>HIGH BIDDER ON GULF TRACTS
Consolidated Natural Gas Co said its
CNG Producing Co subsidiary, bidding alone or with partners,
was the apparent high bidder on six of seven tracts it south at
Wednesday's sale of federal oil and gas leases in the Gulf of
Mexico.
    The company said it share of the six bids totaled 6.2 mln
dlrs. Its 100 pct interest bids were on three offshore tracts
-- West Cameron 209, 302 and 303. Consolidated has a 50 pct
interest in the bid for Eugene Island 375 and Ship Shoal 128
and 129.
   
    The remaining interest in 139 is held by Sun Energy
Partners <SLP>, which is 96.3 pct owned by Sun Co Inc <SUN>.
<Union Texas Petroleum Corp>, which is 49.7 pct owned by
Allied-Signal Inc <ALD>, is Consolidated's partner on the other
two tracts.
 Reuter
