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Deep Water Drilling? Drill Baby!

Go baby Go! Finally some good news, and hopefully things will start looking up with our offshore industry!  

State Department of Natural Resources Secretary Scott Angelle announced today that the federal government has granted the first Gulf of Mexico deep water drilling permit in the last several months.  Angelle made the announcement during a conference call this afternoon, in which the Lafayette

(Photo by Spencer Platt/Getty Images)

According to the announcement Noble Energy of Houston was awarded the permit.

Angelle said “February 28, 2011, is a good day for the oil and gas industry.”

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