BP announces 'giant' oil find in Gulf of Mexico (Newsday)

LONDON (AP) â€" BP PLC said Wednesday that it had made a "giant" oil discovery in the Gulf of Mexico but had not yet determined the size and commercial potential of the find. The well, in Keathley Canyon block 102 about 250 miles (400 kms) southeast of Houston, is in 4,132 feet (1,259 meters) of water, the company said. The Tiber well was drilled to a total depth of 35,055 feet (10,685 meters ...