| |
|
Block 8/25a & 8/25b (Licence 976)
Nautical has a 50% interest in blocks 8/25a & 8/25b
The Selkie
prospect was drilled in May 2008 in 13 days but, despite the Dornoch
Formation being penetrated close to prognosis, the well was dry.
Initial interpretation indicated that the shale seal, which proved
competent in the nearby Skipper discovery, was developed as a siltstone
causing an ineffective top seal to the reservoir sands. Nautical
had no financial exposure to the well having successfully farmed
out its interest to Canamens and Celtic Oil Limited.
The Block also contains the Kelpie prospect and is currently being
evaluated for further prospectivity. Under the farmout agreement,
Canamens became operator for the Licence.
Block 8/25b was awarded in the UKCS 25th Licence round.
|
 |
|