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UK southern gas basin gets strong appraisal well

Dana Petroleum PLC said its Platypus appraisal well in the UK Southern North Sea has flowed at the rate of 27 MMscfd of gas on a 96/64-in. choke and is being suspended for use as a producing well.

Well 48/1a-6 went to 14,175 ft measured total depth including a 3,100-ft horizontal section in the reservoir.

Dana noted that it holds the second largest acreage in the North Sea and said it will continue to invest in exploration opportunities. Five wells are planned in the North Sea and West of Shetland before the end of 2012.

The Dana-operated Platypus gas accumulation, in Block 48/1a in the UK Southern North Sea, was discovered in 2010 when the Dana-operated 48/1a-5 well encountered gas bearing Lower Leman sandstone reservoir.

Interests in Platypus are Dana 59%, The Parkmead Group 15%, First Oil Expro Ltd. 11%, and CalEnergy Gas Ltd. 15%.


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