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Rachel North 14/15-2 Well Spud

12 Nov 2010 11:15

RNS Number : 0930W
Desire Petroleum PLC
12 November 2010
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ο»Ώ

For immediate release

12 November 2010

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Desire Petroleum plc

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("Desire" or "the Company")

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Rachel North 14/15-2 Well Spud

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Desire Petroleum PLC (AIM:DES) the oil and gas exploration company wholly focused on the North Falkland Basin, is pleased to announce that the Rachel North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010.

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A further announcement will be made once drilling is completed.

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For further information please contact:

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Desire Petroleum plc

020 7436 0423

Stephen Phipps, Chairman

Dr Ian Duncan, Chief Executive Officer

Seymour Pierce Limited

020 7107 8000

Jonathan Wright/Stewart Dickson, Corporate Finance

Richard Redmayne / Paul Jewell, Corporate Broking

Buchanan Communications

020 7466 5000

Ben Romney

Tim Thompson

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This information is provided by RNS
The company news service from the London Stock Exchange
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