LONDON (Thomson Financial) - Royal Dutch Shell PLC said it found oil at the
offshore Vicksburg prospect in the eastern part of the Gulf of Mexico.
The well was drilled to a depth of around 25,400 feet and encountered a
"hydrocarbon column of approximately 300 feet," said Shell, the operator of the
field with a 57.5 pct stake.
"The results from Vicksburg are encouraging," said Annell Bay, vice
president of exploration for Shell in the Americas.
Nexen holds a 25 pct stake in the project, while Plains Exploration &
Production Co owns 17.5 pct.
monicca.egoy@thomson.com
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