Granby completes seismic work offshore UK

Granby Oil and Gas has completed three seismic surveys offshore UK and has begun a fourth.

Offshore staff

LONDON –Granby Oil and Gas has completed three seismic surveys offshore UK and has begun a fourth.

TheM/V Fugro Meridian acquired two high density 2D surveys over blocks 9/22, 14/14b, and 14/9 and one conventional 2D survey on block 16/11a. A total of 2,600 line km of data was acquired. Processing is expected to take three months.

Granby and partners in UKCS License P.1404 block 13/25 have agreed with Petro-Canada UK Ltd. and Reach Exploration (North Sea) Ltd., holders of the adjacent block 13/24d, on a joint seismic survey covering both blocks. Acquisition is ongoing.

"These surveys will help firm up well locations on several prospects in readiness for potential drilling later in 2007 or 2008," says David Grassick, managing director of Granby. "We are very pleased to participate in the additional survey with the Petro-Canada led group, which we hope will lead to further cooperation on the exploration of the shared potential of these blocks."

08/07/2007

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