Major oil find made in Gulf of Mexico

Venari Resources LLC said Tuesday it had made a major oil discovery at its Shenandoah prospect in the Gulf of Mexico. The deepwater oil exploration and production company said its Shenandoah-2 well was drilled in about 5,800 feet of water to a total depth of 31,405 feet. Venari said in a release that it and its partners -- Anadarko Petroleum Corp., ConocoPhillips, Cobalt International Energy ...