Harbour Energy is pleased to note operator Wintershall Dea’s announcement that the Kan-1 exploration well has made an oil discovery in Block 30 (Harbour 30 per cent interest), offshore Mexico.

As announced by the operator the Kan-1 exploration well, which is located in 50 metres of water, was drilled to a total measured depth of 3,317 metres and encountered more than 170 metres of net pay. The well was subsequently side tracked up-dip and c. 250 metres of core was recovered.

The Block 30 partners will now evaluate the well data collected and put together a proposed plan to appraise the discovery.

The Block 30 partners comprise Wintershall Dea (40 per cent, operator), Harbour (30 per cent) and Sapura OMV (30 per cent).

About Harbour Energy

Harbour Energy is the largest London-listed independent oil and gas company. Harbour has a leading position in the UK as well as interests in Indonesia, Vietnam, Mexico, and Norway. Harbour’s strategy is to continue to build a global, diversified oil and gas company focused on safe and responsible operations, value creation and shareholder returns. Across its operations Harbour is committed to achieving its goal of net zero greenhouse gas emissions by 2035 with respect to its scope 1 and scope 2 emissions. In addition, Harbour is well positioned to use its existing skills and infrastructure to help deliver the UK’s CCS goals and more broadly the country’s emissions reduction targets.