The
well
was
targeting
an
upper
Jurassic
channelised
sand
play
immediately
to
the
south
of
the
existing
Cladhan
discovery
and
had
been
estimated
hold
gross
prospective
resources
of
13
million
barrels
of
oil
equivalent.
However,
on
Thursday
licence
partner
Valiant
Petroleum
said
that
while
the
well
encountered
multiple
Upper
Jurassic
sand
channels
on
prognosis,
none
were
thought
to
be
hydrocarbon
bearing.
As
a
result
the
decision
was
made
to
plug
and
abandon
the
well.
Sterling
operates
Block
210/29c
with
a
25%
stake,
while
Valiant
holds
a
30%
interest,
Wintershall
holds
25%
and
Angora…
