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%) is located in the northeast portion of the Greater Fyne Area approximately 3 km west of the Teal Field. The Carra prospect (Antrim 100 %) is located adjacent to and southeast of the Fyne Field. The Erne survey in Block 21/29d (Antrim 100%) has been added to the program 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 6,500 ft.
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 program is in addition to the planned appraisal well to be drilled on the Fyne Field later this year, as announced on April 04, 2011.
About Antrim Energy Inc.
Antrim Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada.
Antrim’s strategy is to pursue a strategy of balancing longer term and capital-intensive investments in the UK North Sea with shorter investment cycle on-shore exploration and production opportunities. Antrim also considers other global exploration opportunities as they arise.
[mappress] Source: antrim , April 20, 2011