Huricane spuds Lancaster (UK)
- Business & Finance
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has announced that the Lancaster horizontal appraisal well was spudded at 10:30hrs BST on 26 April 2014.
The Company is using the Transocean Sedco 712 semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster basement oil discovery. The operation is expected to last approximately 75 days after which further technical analysis will be undertaken.A further announcement will be issued in due course.