Dominion Makes Discovery in the Gulf of Mexico

Dominion Exploration & Production has made a significant discovery on the Shelf in the Gulf of Mexico. The West Cameron Block 100 #1 was drilled to 15,300 ft. in 41 feet of water, and encountered more than 140 feet gas pay in three Marg A sands. Potential reserves are estimated at 50 billion cubic feet of gas equivalent or higher. A confirmation well, the West Cameron Block 100 #2, is currently drilling. Dominion owns a 100 percent working interest in the lease that was purchased in last year's Central OCS Sale 178. Facility design is under way with first production anticipated in the third quarter of this year.

"This is an exciting discovery for our Shelf Program," said Duane Radtke, president and CEO of Dominion E&P. "We are extremely proud of our cycle time on this project -- from discovery to first production in eight months and from purchase to first production in only 17 months. The ability to add production quickly is why we are committed to the Gulf of Mexico Shelf."

The West Cameron 100 discovery, combined with producing fields at West Cameron 76 and West Cameron 130, make the West Cameron Miocene trend a core area for Dominion's shelf activity. Dominion has a total of 17 blocks in this trend with the addition of six apparent high bids on blocks in the recent Gulf Sale 182. Eleven of the blocks are undrilled. Dominion plans to drill two to three exploratory wells in the trend this year.