27th Apr 2006 15:27
Total S.A.27 April 2006 TOTAL ANNOUNCES SUCCESSFUL RESULTS FROM GULF OF MEXICO EXPLORATION WELL Paris, April 27, 2006 - Total announces successful results from its Alaminos Canyon Block 856 No. 1 well in the Gulf of Mexico. The block is located approximately 140 miles east of the Texas coast. Drilled in 7,600 feet of water to a total depth of 14,600 feet, the well encountered approximately 290 feet of pay in two oil-bearing zones. An appraisal well will be drilled to further assess the extent of the accumulation. Total E&P USA, Inc., a wholly owned subsidiary of Total S.A., is the operator with a 70 percent interest. Nexen Inc. holds the remaining 30 percent. Total is the fourth largest oil and gas company in the world with operations inmore than 130 countries. Total's activities cover the whole energy chain of thepetroleum industry: exploration, oil and gas production, refining and marketing,trading and power generation. The Group is also a major player in chemicals.Total has more than 111,000 employees worldwide. More information can be foundon the company's website: www.total.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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