Possible find with Lineham Creek exploration well

By Anthony Guegel London

 29 November 2012 23:59 GMT

McMoRan Exploration has made an apparent discovery with the Lineham Creek exploration well in Cameron Parish, Louisiana.

So far, the probe has been drilled to a depth of 25,250 feet, and the company said it will drill the well to 29,000 feet to evaluate Eocene and Paleocene objectives.

McMoRan is also continuing to drill the ultra-deep Blackbeard West-2 well below 25,200 feet in Ship Shoal Block 188.

The player said logging data indicates the well has hit additional potential hydrocarbon-bearing sands at about 25,000 feet.

Another onshore, ultra-deep prospect, Lomond North, in St Martin Parish, Louisiana, is drilling below 10,700 feet towards a proposed total depth of 30,000 feet.

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