Petsec Spuds Third Main Pass 19 Wel



Petsec Energy has spud the third well on its Main Pass 19 block in the Gulf of Mexico.

The new well – located 80 miles south east of New Orleans – has a single target sand and will complete the program of three wells to be drilled from the same location at Main Pass 19. As previously announced, this three well program is targeting 12 – 15 billion cubic feet equivalent of natural gas, net to the company.

Drilling of the Main Pass 19 #3 well follows the announcement that the first two wells at Main Pass 19 have both resulted in commercial gas discoveries, and that field development will proceed.

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