SUBSALT GULF STRIKE PROVES CRUCIAL IDEA

Cheering an oil or gas discovery is hazardous business. Initially robust flow rates and pressures can quickly subside. Water can encroach. Appraisal wells can yield unwelcome information. Economic hurdles can simply be too high. But all wildcat wells test ideas. And some ideas hold the potential to change longstanding beliefs. Any wildcat that upholds such an idea deserves notice, whatever its commercial fate.

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