Freeport McMoran discovers oil in Deepwater GOM; USCG issues new policy letter on BWM compliance

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Freeport McMoran discovers oil in Deepwater GOM
September 29, 2015—Freeport-McMoRan reports that it has discovered oil from its Horn Mountain Deep well in the Deepwater Gulf of Mexico (GOM). Initial production from the well, which will be tied back to existing facilities, is expected in first half 2017.

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