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BP sees progress on new oil containment system

Sun, 07/11/2010 - 7:25pm
Reuters

HOUSTON (Reuters) - BP Plc said on Sunday it is making progress on a new system to capture almost all the oil spewing from its blown-out well in the Gulf of Mexico and a relief well could finally plug the leak by early to mid-August.

"We're pleased with our progress," BP senior vice president Kent Wells told reporters on a conference call.

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