Friday, August 6, 2010

I was wondering when this would come up . . .

BP says it might drill again in spill reservoir
By GREG BLUESTEIN and HARRY R. WEBER
Associated Press Writers
Aug 6, 2:16 PM EDT

NEW ORLEANS (AP) -- BP PLC said Friday it might someday drill again into the same lucrative undersea pocket of oil that spilled millions of gallons of crude, wrecked livelihoods and fouled beaches along the Gulf of Mexico.

"There's lots of oil and gas here," Chief Operating Officer Doug Suttles said at a news briefing. "We're going to have to think about what to do with that at some point."

The vast oil reservoir beneath the blown well is still believed to hold nearly $4 billion worth of crude. With the company and its partners facing tens of billions of dollars in liabilities, the incentive to exploit the wells and the reservoir could grow.

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