Desire Spins Bit in North Falkland Basin

Desire Petroleum announced that the Rachel 14/15-1 exploration well was spudded at 15:45 (BST) on September 27, 2010 with semisub Ocean Guardian.

The Rachel prospect is located in Tranche D in the North Falkland Basin and has an estimated target depth of 2,850 meters. Drilling operations are expected to take approximately 35 days and a further announcement will be made once drilling is completed.

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