Antrim Spuds Kerloch Exploration Well in UK North Sea

Antrim Energy says that drilling has commenced on the non-operated Kerloch exploration well 211/22a-10 (Antrim 21%) in the UK North Sea.

The 22a-10 well will target the Brent sequence of sandstones at a drilling depth of 11,300 ft approximately 2 km northeast of a previous discovery 211/22a-1 which tested 1,272 bopd from the Jurassic Tarbert Formation. The Kerloch prospect is located on a tilted fault block approximately 10 km northeast of the Cormorant North oil field and 10 km northwest of Antrim's Causeway discovery 211/23d-17z which tested 14,500 bopd from the Jurassic sandstones.

The Kerloch well is Antrim's fifth well to be drilled in the UK North Sea in 2007 and underscores Antrim's commitment to a very active exploration and appraisal program in the Company's core area.