Huntington Well Spudded Ahead of Schedule

Ahead of our drilling schedule, Altinex Oil has, with Oilexco as operator, spudded the UK 22/14b-E well in UK block 22/14b in the Central North Sea.

The well will be drilled with Transocean's semisub Sedco 712.

The 22/14b-E well is being drilled on the Huntington prospect, to explore the potential at two stratigraphic levels and to appraise the Triassic oil discovery found in the 22/14-3 and 22/14-4 wells. The well is expected to last approximately 2 months. Altinex Oil has 20% equity in the blocks.

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