The Agar/Plantain well in licence P1763 (FPM 25%) found gross recoverable resources in Agar of 15 and 50 mmboe (between 3.8 and 12.5 mmboe net to Faroe). The reservoir encountered was close to prognosis i.e. 20 m of gross hydrocarbon-bearing reservoir section with excellent reservoir quality and high net to gross ratio.
15 Nov 2018
FLASH: Successful exploration and appraisal well offshore UK
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FLASH: Successful exploration and appraisal well offshore UK
Faroe Petroleum (FPM:LON) | 0 0 (-0.4%) | Mkt Cap: 371.0m
- Published:
15 Nov 2018 -
Author:
Stephane Foucaud -
Pages:
2
The Agar/Plantain well in licence P1763 (FPM 25%) found gross recoverable resources in Agar of 15 and 50 mmboe (between 3.8 and 12.5 mmboe net to Faroe). The reservoir encountered was close to prognosis i.e. 20 m of gross hydrocarbon-bearing reservoir section with excellent reservoir quality and high net to gross ratio.