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Endeavour International Corporation
Endeavour Announces Successful Appraisal of the Rochelle Discovery in United Kingdom
February 8th, 2009
Endeavour International Corporation (AMEX:END) announced a successful up-dip appraisal of the Rochelle undeveloped discovery in Block 15/27 of the UK North Sea. Endeavour holds a 55.6 percent interest in the well and is operator for the block. Nexen Petroleum U.K. Limited is a joint venture participant and holds 44.4 percent interest. The Rochelle 15/27-11 appraisal well was drilled to a total depth of 10,369 feet subsea encountering 77 feet net pay in the Lower Cretaceous Kopervik sandstone with average porosity of 24 percent and average hydrocarbon saturation of 86 percent. Pressure data and samples confirm 55 feet of gas on top of 22 feet of oil. The oil water...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-08)
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