Coast Guard says BP's relief wells are on track for August:

07/6/2010 | Reuters

One of BP's two relief wells to contain the Gulf of Mexico oil spill is near completion, but drilling will be done slowly in the coming weeks, said U.S. Coast Guard Adm. Thad Allen. "I'm reluctant to tell you it will happen before the middle of August," said Allen, who is overseeing the spill response.

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