LLOG finds oil on Crown & Anchor prospect

Privately owned LLOG Exploration Co. LLC and partners are studying subsea development of a discovery at their Crown & Anchor prospect on Viosca Knoll Block 959 in the Gulf of Mexico.

LLOG said an exploratory well encountered more than 50 net ft of oil-bearing sand in a high-quality Miocene reservoir. It didn’t report test results.

LLOG holds a 60% working interest. Partners are Ridgewood Energy and Stone Energy Corp.

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