17 Jul 2012 13:08
17 July 2012
WESSEX EXPLORATION PLC
(AIM: WSX)
Second Well Follows Guyane Oil Discovery
Wessex announces that as anticipated by Shell France on June 23rd, The Stena Drillmax ICE drillship commenced operations on the GM-ES-2, the second well on the Guyane Maritime permit on Friday 6th July. GM-ES-2 follows up on the Zaedyus oil discovery in late 2011, which encountered 72 metres of net oil pay in two turbidite sand systems proving that the Jubilee play is mirrored across the Atlantic from West Africa.
The partner interests in offshore Guyane are:
Shell 45.0%
Tullow 27.5%
Total 25.0%
Northpet Investments 2.5% (Wessex owns a 50% equity interest in Northpet)
Contacts | |
Wessex Exploration PLC | www.wessexexploration.com |
Frederik Dekker - Managing Director | +44 (0) 1225 428139 |
WH Ireland Limited | www.wh-ireland.co.uk |
John Wakefield / Marc Davies (Corporate Finance) | +44 (0) 117 945 3470 |
Ruari McGirr / Sebastian Wykeham (Institutional Sales) | +44 (0) 207 220 1691 |
Yellow Jersey PR | +44 (0) 776 853 7739 |
Dominic Barretto | dominic@yellowjerseypr.com |
Hague and London Oil (HNL)