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Additional information
Additional Information
Market: LSE, ASX, JSE, NYSE
Sector: General Mining
Epic: BLT
News: Latest news
Web Site: BHP Billiton
Other Articles: 02-03-201011-02-201002-02-2010

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Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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BHP Billiton

BHP Billiton

BHP Billiton (ASX:BHP) is a global leader in the resources industry.

Formed from a merger between BHP and Billiton, the company is a leader in the extraction and sales of most natural resources, and is particularily strong in Iron Ore, Coking and Thermal Coal, Copper, Zinc, Oil & Gas, Diamonds and most materials key to the production of steel.

Thursday, April 23, 2009

BHP Billiton finds oil & gas at Puma-4 Well in Gulf of Mexico with BP Plc

According to Bloomberg, Europe’s second-largest oil company, BP Plc (NYSE:BP) and BHP Billiton (ASX:BHP) have found crude and natural gas at the Puma-4 well in the U.S. Gulf of Mexico, according to partner BHP Billiton Ltd.

The Puma project is “in the active appraisal stage that includes drilling of wells, seismic and other studies, with Puma-4 being the fourth well,” Daren Beaudo, a Houston-based BP spokesman.

The deep-water Gulf of Mexico is BP’s largest area of production growth in the U.S., the London-based company said in its annual report published in March. BP operates the Puma project in the Green Canyon area, BHP said today in a statement.

The first and second appraisal wells “did not encounter any commercial reserves,” BHP said.

BHP, Australia’s biggest oil and gas producer, holds 29.8 percent of the project while BP owns 46.2 percent. Chevron Corp. owns 21.8 percent and StatoilHydro ASA has 2.3 percent.

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