Antrim drills successful well on Fyne field

Antrim Energy Inc., an international oil and gas exploration and production company, announces that the 21/28a-10 well on the Fyne field was successfully drilled and encountered 32 ft of net oil pay in the Eocene Tay Sandstone.

The company claims that these drilling results are similar to the Fyne discovery well 21/28a-2, which tested up to 3,600 bopd from 30 ft of reservoir section. Antrim is operator with a 75% working interest.

The well intersected several oil bearing sandstones and log analysis indicates that the Tay reservoir in 21/28a-10 is very porous (average 30%).

In addition, the reservoir sampling tool (MDT tool) indicates that the sandstones are exceptionally permeable with permeabilities to oil measured in excess of 1000 mD. No water bearing zones were encountered in the Tay section.