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  • Cuadrilla welcomes Angus Energy's completion of flow test of oil at Balcombe
    édité le 02/10/2018 - Plus de news de "Cuadrilla" - Voir la fiche entreprise de "Cuadrilla"


Cuadrilla welcomes Angus Energy's completion of flow test of oil at Balcombe
Cuadrilla Balcombe Limited is pleased that Angus Energy Plc, the current operator of the Balcombe exploration site in West Sussex, has safely finished a seven day well test of the horizontal well there.

The well, Balcombe-2z, flowed at 853 Bopd (Barrels of Oil per Day) equivalent and 1,587 Bopd equivalent during two separate test runs.

Francis Egan, CEO of Cuadrilla, said:

“We are encouraged by the results from two initial flow tests of the Balcombe horizontal exploration well. Further analysis of the data collected will be carried out, and potentially further testing may be required, to finally determine the commercial potential for the site.”

Angus Energy joined the existing Cuadrilla / Lucas partnership through the acquisition of a 25.0% interest in UK onshore licence PEDL244, which includes the entire Balcombe Field discovery in West Sussex, earlier in 2018.

About Cuadrilla

Cuadrilla Resources is a Lancashire based company which is leading the exploration for shale gas in the UK. It is acutely aware of the responsibilities this brings, particularly with regard to safety, environmental protection and working with local communities.

About Angus Energy Plc

Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) plus a 12.5% interest in the Holmwood licence (PEDL143).


Origine : Communiqué Cuadrilla

Voir la fiche entreprise de "Cuadrilla"



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