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BP Says Oil Well to Be Permanently Sealed This Month

BP Plc plans to finish drilling into the base of the Macondo well in the Gulf of Mexico this week to pump in mud and cement and permanently plug the source of the world’s biggest offshore accidental oil spill.

The company has drilled more than 12,000 feet below the seabed to intercept Macondo at its base and is about 85 feet (26 meters) from its target. The drillers should reach Macondo between Aug. 13 and Aug. 15 as they run ranging tests to ensure the bore is on course, BP spokesman John Curry said yesterday.