BP’s discovery of the biggest US oil find in three years may spur an exploration revival in the Gulf of Mexico, a region thought by some industry executives to be played out after output slumped. Full Article at The Age

B P PLC BP-N has made another “giant” oil discovery in the deep waters of the Gulf of Mexico, confirming the region's growing importance in the North America energy picture and providing further incentive for international oil companies to invest there. Full Article at Globe and Mail

Tom Bergin Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe could contain over 1bn barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry. Full Article at The Herald (UK)