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Faroe Tout Success of North Sea Brasse Appraisal Well
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Faroe reported the results of the Brasse appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%)
Data shows that the well has encountered oil in a sand rich reservoir of very good quality. Preliminary analysis confirms the same oil-water contact as in the 31/7-1 discovery well and side-track and indicates good pressure communication within the reservoir. The JV will decide on whether to drill a potential second appraisal on the Brasse discovery later this year, dependent upon further analysis of the 31/7-2 S well and DST results.
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