Finds multiply in gulf's southern East Breaks area

Important developments are taking place in the southeastern part of the deepwater East Breaks area in the western Gulf of Mexico.Most recent successful well in the area is at North Boomvang, which a Kerr-McGee Corp. group announced at the end of September.Kerr-McGee holds interests in five blocks covering several prospects in the Boomvang area, four of which it operates. Kerr-McGee believes the area has moderate risk and moderate field potential with a reserve range of 70-100 million bbl of oil equivalent, said Luke R. Corbett, chairman and chief executive officer."Evaluation of the well data, 3D seismic, and results of additional drilling will help determine the ultimate reserve size and...

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