With the current disaster in the Gulf, BP needs to make sure they start generating some revenue. The Obama Administration is going to bleed them for any bit of cash they have anyway.
BP Plc for the Libyan well and says it has prepared extensively for the operation.
“Just like with any deepwater exploration activity, we have undertaken extensive, rigorous and detailed preparations with our contractors and by ourselves for this drilling,” Nicholas said.
How deep will this one be? Deep enough to hit the bottom of the pocket?
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