Borders and Southern starts Falkland drilling campaign

Offshore staff

LONDON – The semisubmersible Leiv Eiriksson has spudded the first-ever exploration well south of the Falkland Islands for UK independent Borders & Southern (B&S) Petroleum.

Well 61/17-1 is being drilled 140 km (87 mi) south of the islands in license PL0178, where B&S holds a 100% interest.

It will test the Darwin East prospect, a fault/dip closed structure with a Lower Cretaceous sandstone reservoir target. It will also investigate geophysical attributes that include a flat spot, amplitude conformance to structure and an AVO anomaly.

B&S expects drilling to take around 45 days.

2/1/2012

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