Pharma Investments, Ventures & Law Weekly
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Endeavour International Corporation
Endeavour Announces Successful Well in Norwegian Brage Field
November 9th, 2008
Endeavour International Corporation (AMEX:END) announced a discovery at the site of the Knockandoo prospect in the Brage field located in PL055 in the Norwegian North Sea. The Brage platform well 31/4-A-01 AT2 well found oil in the upper part of the Middle Jurassic Brent Group. The operator StatoilHydro estimates "the size of the discovery is between 1.8 and 6.3 million barrels of oil recoverable." The well was not tested; however, extensive data was acquired during the drilling. "The Knockandoo discovery continues a string of successes in Norway," said William L. Transier, chairman and chief executive officer. "More importantly, this success will...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-09)
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