Total's Second Gotcha Deep Well Encounters Oil

Total says its second well on Alaminos Canyon Block 856 at its Gotcha Deep prospect encountered 85 feet of oil pay in the main objective. The well was drilled in 7,800 feet of water to a total depth of 15,625 feet by the Stena Tay.

This second successful well confirms the extent of the structure of Alaminos Canyon Block 856. Development options for this block are currently being evaluated.

The block is located approximately 140 miles east of the Texas coast in an area where several discoveries have already been made.

Total E&P USA, Inc. a wholly owned subsidiary of Total S.A. is the operator with a 70% interest. Nexen Petroleum USA, Inc. is a non-operator with a 30% interest.

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