EnCore Oil plc announces that the Barbarossa well (47/9c-11) has completed its initial phase of drilling after encountering gas-bearing Rotliegend reservoir as anticipated. As planned, the well will now be sidetracked within the Rotliegend reservoir. Subject to successful testing, the well will then be completed as the field production well. The well is operated by Venture Production plc.
The partners plan that the Barbarossa discovery would be developed as a single well subsea tieback jointly with the nearby Channon discovery. The Barbarossa gas discovery is located on UKCS block 47/9b.
EnCore has a 10 per cent. interest in the licence, five per cent. of which is subject to a potential buy-back by a previous owner. EnCore's costs are carried on the initial phase of drilling and the testing programme. On the high angle development section of the well, EnCore will contribute at its working interest level of 10 per cent.
