Elf Makes Second Gulf Of Mexico Discovery

French oil company Elf Aquitaine has announced its U.S. oil and gas subsidiary Elf Exploration Inc. made its second deep offshore oil discovery in the Gulf of Mexico this year. Elf officials said workers made the find at the Matterhorn well in the Mississippi Canyon Block 243, in which Elf Exploration Inc. has a 100 percent working interest. A Global Marine Celtic Sea semi-submersible vessel had drilled the well to a depth of 8,165 ft. and found 370 gross ft. of oil reservoirs in two zones, officials added. "Production tests showed a daily flow rate of 6,640 barrels of good quality oil as well as associated gas." The Matterhorn discovery follows Elf's March find at the Anconcagua prospect in Mississippi Canyon Block 305.