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Mr. Feldman said that once owners close on their Vdara residences, they will be able to participate in a rental program that, beginning Oct. 1, leases their condos as hotel rooms when they are not residing there.
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About 70 leases have been signed.
After 61 leases were auctioned in 2003, nothing really happened.
The deal would include about 20 of StatoilHydro's 451 leases in the Gulf of Mexico.
California officials have also asked the government buy back 36 leases off their coast.
Of 28 leases Hess identified, 18 were with people "connected to the government or the Obiang family," the report said.
So far, only about 54 leases have been signed, although 126 apartments will be ready on Feb. 1.
It would add 240 leases, including the Zia, Magnolia, Merganser and Nansen producing oil fields, in the region.
How many deals have you done so far this year? A. The whole company has probably done approximately 125 leases.
Facing similar opposition to drilling near the Florida Keys, the Clinton administration bought back 73 leases for $200 million.
"But the town has been trying to give it away for decades in the form of 93 leases".
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