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05 Aug 2016
The 13/25-1 well, which was targeting the Bagpuss prospect, on the Halibut Horst in the Outer Moray Firth, has reached a total depth of 1,532 feet (TVDSS) in granite basement.
The well encountered 41 feet of hydrocarbon-bearing sands within a 68 feet hydrocarbon column. This is in line with pre-drill estimates. The sands have between 25 per cent and 33 per cent porosity and indications are that the oil is heavy. The well is now being plugged and abandoned.
Robin Allan, Director of Exploration and North Sea, commented:
'The Bagpuss well has proven a significant volume of oil in place. We will now work with our partners to carry out a full analysis of the hydrocarbons and reservoir encountered to ascertain whether commerciality can be established.'
Enquiries
Premier Oil plc
Tony Durrant, Chief Executive
Robin Allan, Director of Exploration & North Sea
Tel: 020 7730 1111
Bell Pottinger
Gavin Davis
Henry Lerwill
Tel: 020 3772 2570
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PremierOil plc
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CODE : PMO.L |
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PremierOil est une société de production minière et de pétrole basée au Royaume-Uni. PremierOil est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 11,4 milliards GBX (13,4 milliards US$, 11,5 milliards €). La valeur de son action a atteint son plus haut niveau récent le 02 juin 2006 à 999,00 GBX, et son plus bas niveau récent le 13 mars 2020 à 10,02 GBX. PremierOil possède 510 820 000 actions en circulation. |