Chevron (NYSE:CVX) announced it has completed the drilling of the deepest exploration well in Canadian history off the coast of Newfoundland.
The oil company said they were able to finish the operations without any safety problems. The drilling was in 2,600 meters of water.
Drilling on the project was finished last week, according to Chevron spokesman Leif Sollid, but the results won't be released for about two years, he added.
With the project going on in the midst of the BP (NYSE:BP) oil spill, Chevron was under tight scrutiny, and had to report daily to a safety team concerning the various tests to ensure safe drilling.
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