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Desire begins pre-drilling work

Tuesday, June 05, 2007

Desire Petroleum said today that work on collecting 2D shallow-seismic data from a number of potential drilling sites on its licences in the North Falkland Basin had started.

The data is being collected by Wavefield InSeis ASA using the seismic vessel 'Bergen Surveyor'. This vessel has just finished work for Falklands Oil and Gas on their licences to the south of the Falkland Islands.

Desire said that acquiring the data would help it in adding these prospects to the inventory of prospects which could be drilled when drilling resumes in the area.

Dr Ian Duncan, chief executive of Desire, said: “The company now has a number of locations in the North Falkland Basin from which to select its final drilling programme. With our detailed seismic knowledge and complementary electromagnetic data we are increasing the chances of exploration success once a rig is secured.”






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