A Pemex source confirmed that the Mexican oil giant moored the Seadrill-owned West Pegasus to spud the well in water depths of 2950 metres last month.

It is the third exploration well to be spudded on Mexico’s side of the Perdido fold-belt.

The source did not provide the well’s current depth below the seabed or any specific geologic target, but the Maximino 1 wildcat has been described as one of Mexico’s most exciting prospects for 2013.

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