Bennachie Prospect - Block 21-15a
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Antrim Energy reports that drilling has commenced on the Bennachie prospect on Block 21/15a in the UK North Sea and operations are expected to take approximately 40 days. The well is being operated by Nexen Petroleum U.K. Limited. This is the third well in Antrim's 2005 UK North Sea drilling program.
The Bennachie well will target the Jurassic Fulmar Sandstone
approximately 1.5 kms from the original Bennachie discovery well
21/15a-2, which tested high quality 39 degree API oil at a stabilized
rate of 4,364 barrels per day and 2.67 MMcf/d of associated gas.
Nexen has contracted Transoceans's semisub, Transocean John Shaw, for the operation.
Under the terms of a previously announced Farm-in Agreement, Antrim will
earn a 25% working interest in the license, including the original
discovery well, by participating in this well.
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