Desire Faces Another Setback at Rachel Sidetrack

Desire Petroleum was unsuccessful in its quest to clean out the 14/15-1Z well on the Rachel prospect due to mechanical failure of the wellbore. Wireline logging data was not collected; however, data obtained during the drilling operations have indicated that around 25 meters of sand with oil shows was encountered. Without wireline logging data, it’s impossible to fully assess the significance of these results or the reservoir properties and the hydrocarbon saturations associated with these sands, stated the operator. The well will be plugged and abandoned. The partners plan to drill a vertical well to further evaluate the potential of the Rachel prospect and to undertake a comprehensive logging program. The Rachel prospect is located in Tranche D, and is operated by Desire Petroleum, holding a 92.5% interest; Rockhopper Exploration holds the remaining 7.5% interest.

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