The consortium has already made discoveries at the Blackbeard prospect and at Davy Jones.
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Davy Jones, like other headline grabbing finds in the past year, was an ultradeep prospect.
Davy Jones is in 20 feet of water and Blueberry Hill in 70 feet of water.
"When I was a kid, I wanted to BE Davy Jones, " actor Kevin Bacon tweeted.
Grousing that the buyout price excludes potential production from Davy Jones is not only wrong but misleading.
Additional characters will reportedly be released later, rumoured to be Mike Wazowski, Randall, Hector Barbossa, Davy Jones, Mrs.
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Actual production from Davy Jones will be here in a matter or weeks if things go as planned.
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Could it be that all the efforts to keep Davy Jones under control may have inadvertently killed it?
Davy Jones 2 confirmed the continuity of the sands found last year in Davy Jones 1, 2.5 miles away.
We are only weeks away now from the completion of Davy Jones 1 in only 27 feet of water.
Davy Jones is in 20 feet of water, which seems good to me from an environmental point of view.
Your rafts are barely seaworthy and Davy Jones' locker is very, very deep.
This story dwarfs whether or not Davy Jones will have a successful flow test this week or this month.
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Davy Jones 1 has been temporarily abandoned while they await the arrival of production equipment to bring the well onstream.
The announced targeted depth for Davy Jones is 29, 000 feet to test for additional objectives beyond those announced this week.
Unlike the wretched sailors of old, there's little chance of joining the remarkable display of marine archaeology in Davy Jones' Locker.
In December last year, the hope was that Davy Jones would be on line and producing by the end of 2011.
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Investors were getting nervous, and late last year McMoRan shares took a nosedive on continued bad news surrounding Davy Jones.
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Both Energy XXI and McMoRan Exploration shot up dramatically when the Davy Jones discovery was announced because of its size and importance.
The second Davy Jones well has been announced as an important discovery.
We are also waiting on logging information at Davy Jones 2 .
The commercialization of Davy Jones 2 will follow shortly thereafter during 2012.
On that same slide, Davy Jones is listed as an exploration discovery.
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By now investors expected Davy Jones to be flowing 50 million cubic feet a day of natural gas from its giant reservoir.
Later in the day he was seen in a Davy Jones cap since DJ is first to production, hopefully by year end 2011.
Apparently, what sent some weak holders into a tizzy were comments as to when Davy Jones would be brought online and start producing.
The Mississippi and its flow explain why the Davy Jones discovery well is 20 miles offshore and in only ten feet of water.
Since a plugged well already existed, the idea was to re-enter the sealed Davy Jones well to look another ten thousand feet deeper.
The well has been brought in at a fraction of the cost of Davy Jones and in a much shorter period of time.
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Equipment is being constructed for delivery in the weeks ahead and the plan is to flow test Davy Jones 1 in December.
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