Antrim gets head start on Causeway drilling

Antrim Resources has secured the Transocean Prospect rig earlier than planned for drilling on the Causeway property in the UK northern North Sea.

Offshore Staff

CALGARY, Canada -- Antrim Resources has secured the Transocean Prospect rig earlier than planned for drilling on the Causeway property in the UK northern North Sea.

The new well is expected to start drilling in the next five days and will target the Brent Group of sandstones in the East Causeway fault compartment. The new well is also expected to evaluate the deeper Etive Formation which was not penetrated by the 23d-17z discovery well. The Etive Sandstone tested up to 2,000 b/d of oil from Antrim's 211/22a-6 well drilled in 2007 in the Central Causeway area.

Antrim plans to use the well to provide pressure support for production from the Antrim discovery well 211/23d-17z, which tested 14,500 b/d of oil from the Brent Tarbert and Ness formations. Once on production, the 23d-17z well is also expected to produce oil from the adjacent fault compartment where the Ness Formation tested 8,100 b/d of oil in the previously drilled 211/23b-11 well. This Ness interval was penetrated, but not tested, in the 23d-17z well.

06/09/2008

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