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(NYSE: APC), (NYSE: ME) and Cobalt International Energy LP all issued separate releases on the find at theHeidelberb prospect, which contains about 200 feet of net oil pay. The well is in about 5,000 feet of water in Green Canyon, and will have to be drillefd toabout 28,500 feet. For Anadarko — the majority partnefr with more than 44 percentinterest — the Heidelberg discoverh validates the geological trends evident in the previously announcede Caesar/Tonga discoveries, according to Bob Daniels, senior vice presideng of worldwide exploration.
“Since 2005, we have drilleds seven successful exploration wells inthis Middle-Miocend trend, each targeting resourceds of more than 100 million barrels,” Danieles said. Anadarko, whose nearby Constitution spar affords a varietyt ofdevelopment options, plans to conductg further appraisal in the secondr half of this year. Mariner, which owns a 12.5 percenty stake in Heidelberg, also announced two natural gasdiscoverieas — one in the deepwater Gulf and anotherr on the deep shelf.
“We completedx our 2008 offshore drilling program with an 80 percentrsuccess rate, and our 2009 program is off to an excellen t start,” said Chairman and CEO Scott Mariner holds a 30 percent interesft in Bushwood No. 1 in 2,700 feet of water in the Garde Banks, which will be drilled to 25,300 owns 35 percent of Bushwood. and two others own the Mariner owns a 100 percen working interest inSmoothie No. 2 on the deep Heidelberg represents Cobalt’s first discover y in the deepwater Gulf.
“The Heidelberg success givexs us great confidence inour people, and geologic modeling of our entire Gulf of Mexico portfolio,” said Cobaltt Chairman and CEO Joseph whose company owns just under 10 percentg of the project. Anadarko remainsa busy in the Gulf, committingt to drilling the Vito prospecft in Mississippi Canyonafter Heidelberg. Drillingt is also underway at Shenandoah Lower-Tertiary prospect in Walker Ridge, and an exploratoryt well at the Samurai prospecft in Green Canyon is expecter to spud in the first quarter of 2009.