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Northern Petroleum Plc Announces Completion of GM-ES-3 Exploration Well


Tuesday, 23 Apr 2013 02:00am EDT 

Northern Petroleum Plc announced the conclusion of drilling activities on GM-ES-3 (Priodontes) in French Guiana. At 6,318 metres depth, drilling was terminated. The well had reached sufficient depth to evaluate the deeper potential reservoir, encountering an estimated 65 metres of target formation. With no indications of hydrocarbons the well is now being plugged and abandoned. The Stena ICEMax will now move on to the GM-ES-4 (Cebus) exploratory well designed to test a different fan system to the previous three wells drilled by the Joint Venture. GM-ES-4 is the third well of a four well exploration drilling campaign that commenced in 2012 to follow up the oil discovery at GM-ES-1 in 2011. 

Company Quote

12.0
-0.5 -4.00%
19 Dec 2014