Business
West Firsby Drilling Plans
West Firsby Drilling Plans.
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n \nEuropa Oil & Gas (Holdings) plc\n\n17th November 2010\n\nWest Firsby 9 Drilling Plans\n\nThe Directors of Europa Oil & Gas (Holdings) plc are pleased to provide details\nof the timing for the forthcoming West Firsby-9 development well.\n\nA letter of intent has been signed for Geometric to use their HH102 rig for a\nnew development well on the field. Well cellar construction will commence on\nthe 18th November and the tophole section is expected to be pre-drilled ahead\nof the arrival of the HH102 rig in December.\n\nWest Firsby-9 will be engineered as a 2,000 ft long near-horizontal producer\nwith the reservoir expected to be encountered in a structurally high position\non the field. The reservoir will be completed openhole to minimise formation\ndamage and with packers to give zonal production flexibility.\n\nPaul Barrett, Managing Director, said `We are looking forward very much to the\ndrilling of this crestal well and the decision to drill a new well instead of a\nsidetrack greatly reduces technical risk and allows much more operational\nflexibility with respect to completion strategy. According to the expected\ntimetable, the well should be on production early in the New Year.'\n\nFurther information:\n\nEuropa Oil & Gas\n\nPaul Barrett / Phil Greenhalgh Tel: +44 1235 553 266\n\nfinnCap\n\nSarah Wharry / Henrik Persson, Corporate Finance Tel: +44 207 220 0567\nJoanna Weaving, Corporate Broking Tel: +44 207 600 1658\n\nThe contents of this news release have been reviewed and approved by Paul\nBarrett, MSc., a geologist with over 30 years oil and gas experience.\n ","length":1586,"tagName":"div"}]