EnCana Drills Duster at Weymouth

EnCana reports that the Weymouth A-45 deep water exploration well offshore Nova Scotia was unsuccessful and is being abandoned.

The well, drilled in 1,600 meters of water on exploration license 2380, is located in the North Atlantic approximately 250 kilometers southeast of Halifax, N.S. Drilled to a depth of 6,520 meters, Weymouth is the deepest well drilled in Atlantic Canada. The well was drilled by Ocean Rig's semisub, Eirik Raude. Well results will be analyzed in the coming months and are expected to provide helpful information to the well partners - EnCana (operator with about 55 percent interest), Shell Canada Limited (about 30 percent interest) and Ocean Rig (about 15 percent interest).

EnCana's share of the well cost was approximately US$42 million. Weymouth was spudded on October 27, 2003, and took approximately 185 days to drill. This was longer than initially expected due to the challenging nature of the geological strata and the complexity of drilling in deep water.

Offshore Nova Scotia, EnCana is the operator of a shallow water natural gas discovery at Deep Panuke. EnCana is also a partner in the Annapolis discovery in the deep water off Nova Scotia, where a follow-up well called Crimson is planned for later this year.