Netherlands

By OGJ editors
HOUSTON, Feb. 16 – Vermilion Energy Trust, Calgary, second largest onshore operator in the Netherlands, said initial tests are promising from two of four zones at the De Hoeve-1 well in the northern Netherlands.

The company seeks permits to drill four to six wells starting as early as the first quarter 2011 and has identified more than 30 prospects.

Its operated Vinkega-1 discovery well and De Hoeve-1 are expected on production by early to mid-2011. Vinkega-1 tested at more than 30 MMcfd and is expected to produce at a fairly stable 17.5 MMcfd. Vermilion has up to 42.25% working interest in both wells.

The Middelburen-2 and Middenmeer-3 development wells are expected to be brought on line at a combined 15 MMcfd net to Vermilion’s 92.8% working interest in the first quarter of 2010.