BP Announces Oil Discovery At Tiber Prospect In Gulf Of Mexico (Nasdaq)

LONDON -(Dow Jones)- BP PLC (BP.LN) said Wednesday it discovered oil at its Tiber Prospect in the deepwater Gulf of Mexico. -The well, located in Keathley Canyon block 102, 250 miles (400 kilometres) south east of Houston, is in 4,132 feet (1,259 meters) of water.