BP MC252 Well Suspended Due To Tropical Storm Bonnie >BP

23rd Jul 2010 07:08

LONDON (Dow Jones)--Oil major BP PLC (BP) said Friday that with the guidance and approval of the National Incident Commander and the leadership and direction of federal government, relief well activities at the MC252 well site will be temporarily suspended because of potentially adverse weather associated with Tropical Storm Bonnie, which is projected to track into the Gulf of Mexico. MAIN FACTS: -MC252 well remains shut-in at this time. -Well has been shut-in for integrity testing the past seven days. -BP will continue to monitor the MC252 well as long as weather permits. -Duration of the suspension of relief well activities will be dependent on the weather. -Shares closed Thursday at 400 pence valuing the company at GBP75.16 billion. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires July 23, 2010 02:08 ET (06:08 GMT)