Breagh reports significant gas shows

The directors of EnCore reports that Sterling Resources Ltd, the operator of the Breagh appraisal well on Southern North Sea block 42/13, has announced that the well has reached target depth having successfully encountered good sands in the upper reservoir with significant gas shows. This is consistent with the 1997 discovery well. EnCore has a 15 per cent. interest in the licence.

Sterling has a 45-percent interest in this well located on Block 42/13 in the UK Southern North Sea. The Breagh Appraisal well is Sterling’s first operated well in the North Sea.

The targeted Carboniferous section was encountered at 7,321-feet md within 5-feet of prognosis. The upper reservoir section drilled with good indications of sand and significant gas shows, subsequently confirmed by open-hole logs. Preliminary log analysis indicates a gross gas column in excess of 400 feet and a possible gas-water contact in line with the original 42/13-2 discovery well.

The Carboniferous section drilled contains an estimated 76 feet of sand within the gas column. Porosities are estimated to range from 10-percent to 20-percent within the sand sections in line with expectations.