Toroa Results Disappoint Falkland O&G

The Toroa F61/5-1 well has been drilled to a total depth of 8,123 feet (2,476 meters) and logging operations have been completed. Hydrocarbons were not encountered, so the well will now be plugged and abandoned. A further evaluation will be performed, and an update will be provided upon completion. Situated roughly 62 miles (100 kilometers) south of the Falkland Islands in 1,969 feet (600 meters) of water, the well was drilled by the Ocean Guardian semisub.

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