Black Rock Oil & Gas Says Monterey Well Completed

Black Rock says that drilling on the Monterey appraisal well, 49/8c-4, in the Southern Gas Basin of the UK North Sea, has been completed and a gross carboniferous reservoir interval of approximately 60 meters was identified. Testing on the well has commenced.

Discovered in 1989, the field is located approximately 15 kilometers west of the Windermere gas platform and south of the Schooner and Ketch gas fields.

The initial well, 49/8-2, intersected a 300 foot gross gas column reservoired in Carboniferous sandstones. Despite severe formation damage in the original well it flowed gas on test at a rate of 5 million cubic feet per day.

Black Rock has holdings in the North Sea, Celtic Sea and Colombia. In the North Sea Black Rock has a 15% interest in Blocks 49/8c and 49/9d, operated by Wintershall.

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