GREY:GULSF - Post by User
Post by
snafuron Dec 21, 2006 5:46pm
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Post# 11908592
Rig shedule
Rig sheduleOilexco issued a NR today, they contracted a second rig for 2007.
At the end of that NR they gave an update on the Shelley project.
Looks like our rig will stay there until end of the year.
Gul states in yesterdays MD&A a LV drill for february, but this looks now really more like march:
Appraisal drilling operations at Oilexco's 100% owned Shelley project located in Block 22/2b in the UK Central North Sea are nearing completion. Eight appraisal well bores (first main hole and seven sidetracks) have been drilled to appraise the 1984 22/2-2 oil discovery which flow tested 2,416 barrels of oil per day from the Paleocene "Forties" sand. The eighth Oilexco appraisal well 22/2b-13t, an extended reach well bore in excess of 13,850 feet in length, is currently being readied for testing. Testing operations are expected be completed in seven to ten days.