Antrim drilling on the Fyne field

Antrim Energy Inc. commences drilling on the Antrim-operated Fyne Field in the UK Central North Sea Block 21/28a (Antrim WI 75%, First Oil Expro Ltd. WI 25%).

The Fyne drilling program will target the Eocene Middle Tay Sandstone, which previously tested at rates up to 3,600 bopd of medium gravity (25° API) oil from the Fyne discovery well (21/28a-2), drilled and suspended in 1986. The current operation will entail drilling one pilot well and two side tracks and is being optimized using 3-D seismic acquired during 2007.

Oil was also successfully tested from the Tay Formation in wells 21/28a-6 (1990) and 21/28a-8z (1998) in the adjacent Dandy Field which is situated 6 km to the southwest of Fyne on the same licence. Beginning with Fyne, Antrim intends to appraise the previous discoveries as well as other prospects on the Block.