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US firm reports big oil find in Gulf of Mexico

The sun sets waves wash up from the Gulf of Mexico onto the beach April 13, 2011 in Isla Grand Terre, Louisiana
The sun sets waves wash up from the Gulf of Mexico onto the beach April 13, 2011 in Isla Grand Terre, Louisiana. US firm Anadarko Petroleum has announced what it calls a "potentially giant" oil find in deep waters of the Gulf of Mexico.

US firm Anadarko Petroleum has announced what it calls a "potentially giant" oil find in deep waters of the Gulf of Mexico.

It said a second well, called Shenandoah-2, dug off the coast of Louisiana confirms results from a first dig and indicate "excellent quality reservoir and fluid properties."

"The successful Shenandoah-2 well marks one of Anadarko's largest oil discoveries in the Gulf of Mexico," Anadarko senior vice president Bob Daniel said in a statement issued Tuesday night.

It did not say how much oil Anadarko may have found.

The new well was dug to a depth of 31,405 feet (10,450 meters) in about 5,800 feet (1,930 meters) of water.

Anadarko has a 30 percent interest in the two Shenandoah wells. Its partners are ConocoPhillips (30 percent), Cobalt International Energy (20 percent), Venari Resources (10 percent) and Marathon Oil (10 percent).

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