Albania: Ardenica wildcat finds no hydrocarbons

Bankers Petroleum Ltd., Calgary, said it has cased and suspended the Ardenica exploratory well onshore in eastern Block F in Albania northwest of Patos-Marinza heavy oil field.

Bankers Petroleum Ltd., Calgary, said it has cased and suspended the Ardenica exploratory well onshore in eastern Block F in Albania northwest of Patos-Marinza heavy oil field.

Ardenica, a gas prospect, went to a total depth of 2,030 m. Petrophysical and drilling data indicate that the well penetrated several thick porous sands but did not encounter any hydrocarbon shows that would merit testing.

The company will study the well and seismic data to further evaluate and upgrade several other prospects mapped on the 185,000-acre block.

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