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THE JAGUAR WELL HAS BEEN SPUDDED

Well 211/22b-5, located on the Jaguar prospect on the UKCS, was spudded on 23 January 2006. Rocksource participates with a 10% earn-in interest in this well funding 15.42% of the well costs. The other participants in the Jaguar prospect are DNO UK Limited (operator) and Elixir Petroleum Ltd.

The planned total depth of the well is circa 4,000m, and drilling is expected to last approximately 45 days, assuming no downtime.

The Jaguar prospect is a stratigraphic trap located in the Northern North Sea Block 211/22b (Licence P1067) to the northeast of the Cormorant North oil field. The unrisked resource potential of the Jaguar prospect is estimated at 138 million barrels (13.8 million barrels net to Rocksource), assuming exploration and commercial success.

Oslo 24.1.2006

Rocksource ASA

Martin Bekkeheien

CEO

Tel +47 95 72 42 31
 
Published: 03.02.2006
 

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Contact Information

Address:
Thormøhlensgate 53 D
Postboks 994 Sentrum
N-5808 Bergen
Norway

Phone: +47 05369
From abroad: +47 21 49 32 69
Fax: +47 55 36 87 98

 

Per Anders Muri
VP Corporate Communications
Phone: +47 91 11 61 21
per.anders.muri@rocksource.com

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