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Premier Oil Spuds Latest North Sea Well

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Premier Oil Spuds Latest North Sea Well

North Sea Energy Inc. has been advised by Premier Oil UK Limited, the Operator, that the spudding of the Bagpuss Well - 13/25-A occurred on July 18th, 2016. Bagpuss operations commenced on July 14th, 2016 when Ocean Valiant offshore drilling rig left the Solan development and arrived on site July 16th, 2016. The results of the Well are forecast to be released in early August, 2016.

Highlights: Ocean Valiant offshore drilling rig commences drilling of the 13/25-A Bagpuss Well Drilling results forecast by the Operator to be in early August The Well is to be drilled to approximately 1,550 ft subsurface to evaluate the prospectivity of the reservoir interval beneath the Chalk and above the granite basement

The joint venture partners in the Bagpuss prospect are Maersk Oil UK (25% Working…

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