Kerr-McGee Corp. reports an oil discovery in the deepwater Gulf of Mexico, on the North Boomvang prospect, East Breaks block 643. The well which is located in 3,450 feet of water, offsets a prior discovery drilled in 1997 and is the first of several wells expected to be drilled this year in the greater Boomvang area. Kerr- McGee has five blocks leased in this area, including East Breaks 599, 642, 643, 688 and 732. R&B Falcon’s semisubmersible, C. Kirk Rhein Jr., which drilled the 9,478-foot North Boomvang discovery well, is now being moved to an adjacent block, East Breaks 642, to spud an 11,600-foot exploratory well on the West Boomvang prospect. After the drilling of West Boomvang, Kerr-McGee expects to drill the East Boomvang prospect on East Breaks 688.