22 Feb 2010 15:30
| For immediate release | 22 February 2010 |
Desire Petroleum plc
("Desire" or "the Company")
Liz 14/19-A Exploration Well Spud
Desire Petroleum PLC (AIM:DES) the oil and gas exploration company wholly focussed on the North Falkland Basin, is pleased to announce that, following the arrival of the Ocean Guardian in Falklands waters on 19 February 2010, the Liz 14 /19-A exploration well was spudded at 14.15 hours (GMT) on 22 February 2010.
The well is being drilled to an estimated target depth of circa 3,500 metres. Drilling operations are expected to take approximately 30 days and a further announcement will be made once drilling is completed.
For further information please contact:
| Desire Petroleum plc | 020 7436 0423 |
| Stephen Phipps, Chairman |
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| Dr Ian Duncan, Chief Executive Officer |
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| Seymour Pierce Limited | 020 7107 8000 |
| Jonathan Wright |
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| Christopher Wren |
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| Buchanan Communications | 020 7466 5000 |
| Tim Thompson Chris McMahon Ben Willey |
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DES.L (DES)