Sunday, November 22nd, 2009

Posts Tagged ‘ Bp P L C ’

BP’s ‘Giant’ Discovery Gives the Gulf of Mexico New Life

Sep 3rd, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

BP PLC (NYSE ADR: BP) yesterday (Wednesday) announced a “giant” oil discovery in the Gulf of Mexico that may contain more than 3 billion barrels of oil. The find is evidence of the Gulf’s resurrection as a major oil producer, as well as the great lengths – or depths – to which major oil companies must go to find vibrant wells.