Dana Petroleum
Press Release
12 November, 2009
DANA PETROLEUM PLC
OIL DISCOVERY IN JETTA SIDETRACK WELL, OFFSHORE NORWAY
Dana and its co-venturers have discovered oil in the Jetta
sidetrack well (25/8-17 A) offshore Norway.
ExxonMobil Exploration & Production Norway AS (ExxonMobil),
operator of production licence 027 D, is currently concluding
the drilling operations on the Jetta wildcat well 25/8-17 and
its sidetrack appraisal well 25/8-17 A. Det norske oljeselskap
ASA (Det norske) conducted the drilling activity on behalf of
ExxonMobil. The wells are located approximately four kilometres
south of the Jotun producing oil field in which Dana holds a
significant interest.
The primary exploration target for these two wells was to prove
the presence of petroleum in Paleocene age reservoir rocks.
Oil was proven in both wells, but with less reservoir thickness
than prognosed. Extensive data has been gathered in the reservoir
zones, including pressure tests and oil samples. Given the close
proximity of the Jetta oil discovery to existing oil producing
infrastructure, further work needs to be carried out to evaluate
the commerciality of the Jetta accumulation in conjunction with
other fields.
Well 25/8-17 was drilled to a vertical depth of 2208 metres
below sea level and was concluded in the Rogaland Group of Paleocene
age. The sidetrack well, 25/8-17 A, was drilled to a vertical
depth of 2154 metres and was also concluded in the Rogaland
Group, both these exploration wells will be permanently plugged
and abandoned as planned.
The wells were drilled in a water depth of approximately 127
metres by the Bredford Dolphin drilling rig, in a cost-sharing
operation between production licences 027 D, 169 C and 504.
12 November, 2009
For further information please contact:
| Tom Cross, Chief Executive | Dana Petroleum plc | 01224 652400 |
| Stuart Paton, Technical & Commercial Director | Dana Petroleum plc | 01224 652400 |
| Nick Elwes | College Hill Associates | 020 7457 2020 |
