PRD Energy Inc., Calgary, said its Germany unit has been provisionally awarded the 200,000-acre Uelzen exploration license in Lower Saxony north of Hannover, Germany, subject to review by various municipal and state authorities.
Uelzen, adjacent to the company’s Steinhorst license, is awarded for an initial 5 years and includes all rights surface to basement. PRD said it is committed to bringing at least two wells onto production within 5 years.
Meanwhile, the company has completed shooting and is interpreting 3D seismic over the idle Boerger pool on the 720-acre Boerger-Werlte license south of Emden. Boerger, which had 10 wells that recovered 900,000 bbl of oil from Jurassic Malm and Dogger, ceased producing in 2003.