RE: Hi all10 Dec 2020 07:18
Substantial hydrocarbon column within a gross 62 metre interval encountered in the Kirkham Abbey formation
· Pending confirmation of logging and other information, in conjunction with the WNB-1 well result, there is scope for the overall hydrocarbon column to considerably exceed the current identified interval
· Porosities of up to 14% observed on wireline logs
· The hydrocarbon-water contact is yet to be encountered at West Newton
· Production casing has been run in preparation for a well flow testing programme
· WNB1Z well is approximately 2.5 kilometres south of the WNA-1 discovery and WNA-2 appraisal wells, confirming extensive areal continuity
· Result provides a further material de-risking and is a significant step forward in determining the development potential of the West Newton project
David Bramhill, Executive Chairman of Union Jack, commented: "The initial results of the WNB1Z appraisal well exceeded our expectations.