InfraStrata plc announced Monday that drilling has commenced at the Woodburn Forest-1 well, located in County Antrim, Northern Ireland.
The well will be drilled to a depth of 6,561 feet and target three conventional sandstone reservoir intervals comprising the Triassic Sherwood Sandstone, Lower Permian Sandstone and Carboniferous Sandstones. Drilling operations at the well are expected to take around six weeks to complete. P50 Prospective Resources have been estimated at 25 million barrels of oil within the Woodburn Forest prospect.
Following the completion of drilling, the well will be plugged and abandoned and the site will be restored to its former state. In the event of encouraging results from the well, any re‐establishment of the site for further works, such as testing, would require further consents and planning approval.
“It has been five years since we were awarded a petroleum license. In that time we have acquired the first extensive seismic surveys across the Larne-Lough Neagh Basin in 2011 and 2012, confirming the prospectivity of the basin and ultimately leading to location of Woodburn Forest for drilling an exploration well,” said InfraStrata CEO Andrew Hindle in a company statement.
“InfraStrata’s conventional exploration program in County Antrim is an important part of our strategy, with successful exploration capable of delivering significant upside for our shareholders and Northern Ireland,” he continued.
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