Rockhopper Encounters Hydrocarbons at Falklands Well

Rockhopper Exploration announced that exploration well 14/10-3 has encountered good quality reservoir from 7,956 to 8,317 feet (2,425 to 2,535 meters) in a sequence of four main sandstone intervals. Within these four main sand intervals, 210 feet (64 meters) of gross reservoir sand was encountered with net sand of 177 feet (54 meters).

Logging was performed, indicating that three of the sands encountered have high water saturations with hydrocarbon shows during drilling and in cores. A drill stem test was performed on sand three and during the test water was produced into the well. Further technical work is required to better understand the well. Once logging interpretations are completed, the company intends to plug and abandon the well.

Exploratory well 14/10-3 was drilled to a total depth of 9,285 feet (2,830 meters). The well was designed to explore the northern lobe of the Sea Lion fan feature and is the first well drilled in that area. The Ocean Guardian semisub will move to another location and drill appraisal well 14/10-4, which is located 1.4 miles (2.3 kilometers) north west of the 14/10-2 Sea Lion discovery well.

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