E.ON Ruhrgas UK Announces Gas Discovery at Tolmount Prospect

E.ON Ruhrgas UK E&P Ltd., operator of Licence P1330, announces a gas discovery on the Tolmount prospect. The discovery is located in Block 42/28d in the UK Southern North Sea to the west of the E.ON-operated Babbage gas field.

E.ON Ruhrgas UK E&P Ltd. and partner Dana Petroleum (E&P) Limited each have 50% in the licence.

The exploration well was drilled using the Ensco 92 jack-up drilling rig. The well targeted the Permian Leman Sandstone Formation and encountered a gas column in excess of 200 feet. The well test flowed at a maximum stable rate of 50 million standard cubic feet of gas per day.

 Felix Lerch, E.ON Ruhrgas UK E&P Ltd. MD commented: “The Tolmount well results are very encouraging and will be incorporated into ongoing studies to assess the optimal development strategy for this discovery.”

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Source: eon-ruhrgas, October 10, 2011