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Challenger Energy Group PLC - Caribbean and Atlantic margin focused oil & gas company - Reports progress at the Saffron-2 appraisal well, currently being drilled at the Saffron project in the South-West Peninsula of Trinidad. Challenger Energy says drilling of the top section of Saffron-2 has now been completed to a depth of 1,593 feet, with formations encountered in line with pre-drill expectations. Logging has also been completed for the top section of the Saffron-2 well. In addition, the company says casing is being run and cemented deeper than the equivalent casing point for Saffron-1, providing a better foundation for drilling the deeper, primary targets. The company says the next stage of the Saffron-2 well will evaluate the deeper middle cruse, and the final stage of the well will evaluate the lower cruse.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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