Magnolia blooms for Dana

Diamond Offshore

Eoin O'Cinneide

 25 February 2013 09:06 GMT

Dana Petroleum has kicked off drilling at an exploration well in the UK part of the North Sea.

The independent has started operations at the Magnolia prospect on Block 13/23a with Diamond Offshore’s rig Ocean Nomad.

Drilling is set to take approximately 26 days to a total true vertical depth of 4920 feet.

Junior partner Tap Oil, which holds a 10% share in production licence 1610, said the primarly objective is the Lower Cretaceous interval with targets in the Captain, Coracle and punt sandstones.

Dana is operator of the licence on 45% with Summit Petroleum on 25% and Atlantic Petroleum on 20%.

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