Prominence Energy (ASX:PRM) PRM preferred bidder for two high potential oil blocks

Prominence Energy is the high bidder on two oil blocks in the Gulf of Mexico, totalling 11,520 acres (46 sq km).

The area contains a high potential and sizeable gas prospect up to 46m thick, and could cover a zone of between 4,000 to 7,500 acres.

Following the announcement, shares of Prominence Energy (ASX:PRM) were unchanged at $0.001.