Located between blocks 15/24c and 15/25f and with what Premier called “excellent sand quality”, the well will nonetheless be quit with Premier planning to move onto the planned Stingray and Carnaby wells.
Drilled to a depth of 7507 feet by the Sedco 704 semi-submersible drilling vessel, the well was 66.67% funded by Canadian Overseas Petroleum under a farm-in deal which would have seen it earn a 40% equity interest.
Premier