Faroe reports Cooper well to get drillstem test

July 26, 2012
Faroe Petroleum says the 6506/11-9 Cooper well in the Norwegian Sea has encountered hydrocarbons and a drillstem test is scheduled.

Offshore staff

ABERDEEN, UK –Faroe Petroleum says the 6506/11-9 Cooper well in the Norwegian Sea has encountered hydrocarbons and a drillstem test is scheduled.

The well has been drilled to TD of 5,330 m (17,486 ft) below sea level and encountered hydrocarbons in Middle Jurassic Garn formation. Based on preliminary results of coring, wire line logs, sampling and pressure data, the joint venture has decided to perform a drillstem test of the Garn formation to evaluate the likely productivity of the reservoir.

The Cooper well has been drilled using theWest Alpha rig. The well is in license PL477 in block 6506/11 on the Halten Terrace of the Norwegian Sea. The nearest producing fields are the Morvin field (approx. 5 km/3 mi west) and the Smørbukk field (approx. 5 km/3 mi east). The partnership consists of Centrica (40% and operator), Suncor (30%), and Faroe (30%).

7/26/2012