UPDATE 1-BP finds oil in ultra-deepwater Angola site

Thu Oct 1, 2009 5:39am EDT

* Is 19th oil discovery at site

* Tebe well is in water 1,752 metres deep

* BP holds 27 percent of site, to be operator

* Capacity over 5,000 barrels a day (Adds details)

LONDON, Oct 1 (Reuters) - British oil company BP (BP.L) said on Thursday it has discovered oil in an ultra-deepwater exploration site off the coast of Angola, and it expects the well to yield over 5,000 barrels a day.

The Tebe well was drilled in water almost two kilometres deep, and is the 19th oil discovery at the site, BP and Sociedade Nacional de Combustiveis de Angola (Sonangol) said in a statement.

BP owns 27 percent of the exploration site, which it also operates.

(Reporting by Ben Deighton)

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