North Sea Tudor Rose well finds viscous crude

EnCore Oil’s Tudor Rose appraisal well 14/30a-5 has reached total measured depth in the UK central North Sea.

Offshore staff

LONDONEnCore Oil’sTudor Rose appraisal well 14/30a-5 has reached total measured depth in the UK central North Sea.

The well encountered an oil column within the targeted Beauly formation and oil/water contact at 3,236 ft (986 m) TVD subsea.

Wireline sampling and pressure testing of the hydrocarbon-bearing zone has been conducted. Initial analysis suggests a viscosity of 600-800 cP, probably too viscous to be commercially developed. However, further onshore analysis will be required before this evaluation can be confirmed.

The well will be P&A’d.

12/21/2011

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