PA Resources Hits Gas Pay in Danish North Sea
|PA Resources AB
|Tuesday, July 19, 2011
PA Resources' Broder Tuck exploratory well has established a gross hydrocarbon column of at least 755 feet (230 meters) from the crest of the structure down to the base of the column.
Well 5504/20-4, drilled as a vertical well, reached a total depth of 12,001 feet (3,658 meters) below mean sea level in layers of Lower Jurassic/Triassic age. The well encountered about 56 feet (17 meters) of net pay in high-quality sandstones in the primary Middle Jurassic target. The operator gathered data to evaluate the find and will pursue drilling a sidetrack to assess the potential of additional gas volumes.
Broder Tuck lies about 6 miles (10 kilometers) south of the Gorm field in the Danish part of the North Sea. PA Resources UK Limited operates the discovery, holding a 64% interest; Nordsofonden holds 20%; Danoil Exploration holds 8%; and Spyker Energy holds the remaining 8%.
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