06 October 2012

MEXICO : Pemex Announces Another New Gulf Deep Water Find.

http://www.reuters.com/article/2012/10/05/mexico-oil-idUSL1E8L54QD20121005

      Pemex had some more good energy news for outgoing President Felipe Calderon.
      For just the 2nd time...in over 6 years...a viable deepwater well has been discovered in the Gulf of Mexico.
      Called Supremus 1....it is located some 250 kms east of Matamoros...at 4km below the sea...and 1 km below the sea bed.
      This new find may hold up to 125 million bbls...enough for one week in the USA.
      In late August...the first deepwater Gulf find was announced...in the Trion 1 field...with possibly 300 million bbls.