East Breagh well reaches TD

The East Breagh well 42/13-4 has reached total depth encountering significant gas shows, according to EnCore Oil.

Offshore staff

LONDON -- The East Breagh well 42/13-4 has reached total depth encountering significant gas shows, according to EnCore Oil.

Initial analysis of wireline log and pressure data indicates the presence of a 72 ft (22 m) net gas bearing interval and that the gas in this well is likely to be part of the same accumulation found in the 42/13-3 well, drilled in 2007 approximately 4 km (2.5 mi) to the northwest, the company says.

The company will now undertake a well testing program to better understand the potential productivity of the reservoir in this part of the accumulation. The testing program is expected to take approximately 14 days.

"Subject to successful testing, we believe that this well has established a very significant gas accumulation at Breagh," says Alan Booth, EnCore Oil's CEO. "Following the testing program the rig will drill a high angle well adjacent to the earlier 42/13-3 well to gain further information about reservoir productivity which will provide input for the design of the Breagh field development program. In addition to this, we look forward to the results of ongoing drilling at Esmond and also at Bowstring East where we expect to commence drilling operations within the next week."

10/03/2008

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