Antrim Kicks Off Causeway Campaign

Antrim Energy Inc. has commenced drilling on schedule at the first of three planned wells near its August 2006 East Causeway discovery (Antrim 65.5%) in the UK North Sea. The 2006 discovery tested a combined flow rate of 14,500 barrels of light oil per day with no water.

This first drilling operation is expected to take approximately 30 - 40 days. As previously reported on May 14th, this first well will be drilled approximately two miles southwest of the East Causeway Discovery to an estimated depth of 3,735 meters (12,250 ft). The drilling program will also assist in the evaluation of tie-in options for production to nearby facilities. Antrim has contracted AGR Peak Well Management of Aberdeen and the Transocean Prospect semi-submersible drilling rig for these wells.

Antrim Energy Inc. is an international oil and gas company headquartered in Calgary, Canada. Antrim's exploration and production operations are centered in the United Kingdom and Argentina.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit