IOG to Drill Skipper Well in July

Independent Oil and Gas plc announced Tuesday that an appraisal well on the Skipper oil discovery, which lies in Block 9/21a in license P1609 in the Northern North Sea, is scheduled to be drilled in July.

The vertical well will be drilled to 5,600 feet with the primary objective of retrieving good quality reservoir condition oil samples, in order to optimize the Skipper field development plan and to drill two mapped reservoir structures beneath the Skipper oil field in the Lower Dornoch and Maureen formations.

Drilling of the Skipper appraisal well, of which IOG is 100 percent owner and operator, is expected to take 22 days to complete.

“This well should be transformational for IOG and we are delighted to drill it next month with a significantly reduced estimated duration and cost,” said Mark Routh, CEO of IOG.

“The willingness of our financial backers and contractors to co-operate in a progressive way to make this well happen amid these tough industry conditions is testament to a new collaborative spirit in the North Sea. The support and engagement of the OGA for this approach has been vitally important and is very encouraging for the future. We look forward to continuing to work with our regulators, investors and commercial partners to create value for all.”



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