Spider-Squid and other deepwater discoveries.

The article talks about the discovery of a Spider-Squid in the deepwaters. It is reported that dubbed as "Spider-Squid" by the staff of the periodical "World Oil" the creature floats placidly along the seafloor, unfazed by drilling at the nearby wellhead in the deepwater Gulf of Mexico. Further it is reported that it has been identifird as a rarely seen Magnapinna squid. A scientific report released in 2001 established that this type of squid occurs worldwide in the permanently dark zone below about 4,000 ft. Also it is stated that in this way, oil and gas development in deep water provides an opportunity for biologists to study and discover elusive deep-sea creatures.