Drilling rig secured for Elixir and DNO's Jaguar prospect
Friday, November 11, 2005
Elixir Petroleum announced today that DNO has secured a drilling rig for exploration on the Jaguar prospect in the Northern North Sea.
The prospect is in block 211/22b where Elixir Petroleum has a 40 per cent interest, following a farmed in agreement with DNO who have the other 60 per cent interest. The Jaguar well will test a new stratigraphic play as yet untested in the UKCS Northern North Sea. The concept has been commercially proven in nearby Norwegian waters.
The semi-submersible rig, Bredford Dolphin, which has been contracted to drill Jaguar is currently drilling a well for Dana Petroleum in neighbouring Block 211/ 22a. It is expected to start work on Jaguar in mid January. The Jaguar well is expected to take 45 days and reach a total depth of approximately 3,950 metres.
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