Gujurat State Petroleum Spuds Appraisal Offshore India

Jubilant announced that the appraisal well DDE-A-2 was spud on February 9, 2012. DDE-A-2 is being drilled in a water depth of 325 feet (99 meters) utilizing the Deep Driller 1 (375' ILC) rig from Aban Offshore Limited.

This is the third appraisal well in the Deen Dayal East ("DDE") area of the KG-OSN-2001/3 block. The target depth of the well is 17,388 feet (5,300 meters) true vertical depth with the objective of appraising the lower Cretaceous Early Rift fill sands that were shown to be hydrocarbon bearing by the KG-16 discovery well.

This is the eighteenth well to be drilled by the consortium in the block. The last 13 wells drilled all flowed gas and condensates. Of these wells, four were drilled in Deen Dayal West, three in Deen Dayal East (including two appraisals wells), two in Deen Dayal North, two in Deen Dayal North East-BRU and two in Deen Dayal Downthrown.

Jubilant holds a 10 percent participating interest in this block through its subsidiary Jubilant Offshore Drilling Private Limited in India. Gujarat State Petroleum Corporation Limited, with an 80 percent participating interest, is the Operator of the block.

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Related Companies
 Company: Jubilant Energy Ltd.more info
 - Jubilant Well Successfully Flows Gas (Jun 3)
 - Jubilant Spuds 4th Well at Kharsang (May 20)
 - Jubilant Spuds Third Kharsang Well (Apr 22)
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