Grosso exploration well dry

The Grosso exploration well is dry, says Faroe Petroleum.

Offshore staff

ABERDEEN, UK -- The Grosso exploration well is dry, says Faroe Petroleum.

The primary objective of the well was to explore for hydrocarbons within Lower Cretaceous reservoirs. This is the first well to be drilled on the license, which is immediately north of the Jurassic gas/oil Gjøa field and south of the undeveloped Cretaceous Agat gas discovery. The well found good reservoir rocks, but did not encounter movable hydrocarbons, the company reports.

03/27/2009

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