Revus in aggressive exploration mode

Revus Energy plans to participate in six to eight exploration wells per year off northwest Europe, with its proportion of operated wells gradually increasing.

Offshore staff

STAVANGER, Norway --Revus Energy plans to participate in six to eight exploration wells per year off northwest Europe, with its proportion of operated wells gradually increasing.

The company is partnering DNO and Lundin Oil in three Norwegian sector wells being drilled in sequence by the semisubmersibleBredford Dolphin, on the Lie, Luno, and Thorkildsen prospects.

In the first half of next year, Revus plans to participate in what it describes as high-impact exploratory wells on the Jordbaer and Two prospects, operated respectively by BG and Talisman. And, it expects to spud its first well as operator on the Salamander structure, close to the Statfjord field, again using theBredford Dolphin.

Elsewhere, Revus is in the process of acquiring 2D and 3D seismic over its PL417 and PL434 licenses, awarded under Norway's APA 2006 round. It also retains 30% of PL274, where Dong is drilling an appraisal well on Oselvar, using theMaersk Guardian. There is uncertainty over the reservoir's productivity, Revus claims, but a successful result could lead to development via a tieback to a platform on Ekofisk, Gyda, or Ula.

08/16/2007

More in Company News