Volve South well dry

Exploration well 15/9-F-15 S on the Volve South prospect is dry, according to PA Resources.

Offshore staff

STOCKHOLM -- Exploration well 15/9-F-15 S on the Volve South prospect is dry, according to PA Resources.

The well was drilled into a reservoir section in the Hugin formation to 4,090 m (13,419 ft) TD. No hydrocarbons were encountered. The well will now be plugged and abandoned.

This is the first exploration well that has been drilled as part of the ongoing exploration drilling program in the Volve field and the surrounding area. The Volve South prospect was one of three possible prospects with potential upside resources to be explored around the main Volve field, the company says.

12/11/2008

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