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250 MMbbl recoverable at Appomattox, says Nexen

Offshore staff

CALGARY, Alberta – Nexen estimates the oil reserves at Appomattox in the Gulf of Mexico to exceed 250 MMboe with upside potential. Further appraisal drilling is planned once the moratorium on deepwater drilling is lifted.

Appomattox, in Mississippi Canyon blocks 391 and 392, is the third discovery in the area, following Shiloh and Vicksburg, and Shell Offshore Inc. is the operator. The initial discovery consists of one well and two side tracks.

Vicksburg is 6 mi (9.7 km) east, and Nexen says the two could be co-developed.

09/29/2010

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