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    Antrim commences pre-drilling site surveys in UK North Sea

    Projects and Operations // May 4, 2011

    Antrim Energy has contracted the survey vessel Kommander Jack and has commenced work to obtain site surveys in preparation for the 2011 UK North Sea drilling programme.

    Surveys will be obtained over the West Teal, Carra and Erne prospects, located in the Greater Fyne Area in Blocks 21/24b, 21/28b and 21/29d.

    The West Teal and Carra surveys are expected to confirm the surface drilling locations for two wells targeting the Jurassic Fulmar and Eocene Tay formations respectively, as previously disclosed on March 28, 2011.

    The West Teal prospect (Antrim 100 per cent) is located in the northeast portion of the Greater Fyne Area approximately 3km west of the Teal Field. The Carra prospect (Antrim 100 per cent) is located adjacent to and southeast of the Fyne Field. The Erne survey in Block 21/29d (Antrim 100 per cent) has been added to the programme to identify a surface location for a contingent well on that feature, an oil prospect in the Eocene Tay Formation located between the Fyne and NW Guillemot fields at a drilling depth of 6,500ft.

    Well project management and drilling services, including management of the site survey, are being provided to Antrim by AGR Petroleum Services.

    The site surveys should be completed in May in preparation for the exploration drilling program scheduled to start mid-year 2011. This exploration drilling programme is in addition to the planned appraisal well to be drilled on the Fyne Field later this year, as announced on April 04, 2011.


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