Serica Begins Drilling in Conan Prospect

Serica spudded the Conan exploration well in Block 113/26b in the East Irish Sea. The well is being drilled by the ENSCO 80 jackup and is expected to reach a depth of roughly 5,000 feet (1,524 meters). Drilling should take about 24 days. Conan is considered to be a significant Triassic Sherwood Sand gas prospect identified on 3D seismic data, spanning an area of up to 6,919 acres (28 square kilometers) on Blocks 113/26b and 113/27c. The prospect is believed to be the largest undrilled Sherwood Sand seismic anomaly in the East Irish Sea. Serica serves as the operator of the prospect.

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