Bow Valley Petroleum updates North Sea drilling activities

The 22/11b-13 exploration well, operated by Bow Valley Petroleum (UK) has been drilled to a total measured depth of 13,810 ft (4,209 m).

Offshore staff

CALGARY, Canada -- The 22/11b-13 exploration well, operated by Bow Valley Petroleum (UK) has been drilled to a total measured depth of 13,810 ft (4,209 m). The well penetrated a 123-ft (37-m) gross sequence of Jurassic sandstone formation which is hydrocarbon bearing in an upper 10-ft (10-m) reservoir section.

Formation pressures and fluid samples were acquired during a TD wireline logging program. Further seismic and geological interpretation is required to determine the potential associated with this discovery, the company says. In the meantime, Bow Valley is proceeding with plugging and abandonment operations.

Elsewhere in the North Sea, Bow Valley is participating in drilling a step-out appraisal well on the Chestnut field. This well is nearing completion and results should be available in the next few weeks, the company says.

In addition, Bow Valley is participating in the drilling of an exploration well on the MacDonald prospect on block 14/25a operated by Talisman. The well was drilled to a total depth of 12,600 ft (3,840 m) and is being plugged.

10/14/2008

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