Valiant Petroleum spuds Globe exploration well

Valiant Petroleum has commenced drilling of its first operated exploration well on the Globe prospect in UK North Sea blocks 9/22 & 9/23c.

Globe spud on 24 May 2008 following the arrival of the Transocean Prospect semisubmersible drilling rig. The Globe prospect, a four way dip structure, is anticipated to take around 18 days to reach its primary target. The well will also intersect the Roebuck prospect, a secondary, stratigraphic target in a shallower horizon.

Valiant will operate the exploration well with a 50% interest on behalf of the field partners; Granby Enterprises (a wholly owned subsidiary of Silverstone CNS Limited) (25%) and Century Exploration (UK) Limited (25%).

Source : http://www.valiant-petroleum.com/