• 22 Oct 2012
  • Europe

Discovery of a new oil accumulation by TAQA Contender Well

22 October 2012 – TAQA Bratani Limited, the wholly owned subsidiary of the Abu Dhabi National Energy Company PJSC (TAQA), today announced the discovery of a new oil accumulation by well 211/21-N94 known as the Contender prospect, in the UK Northern North Sea Block 211/22a [Contender Area].The well was drilled from TAQA’s North Cormorant platform and the field is expected to be developed under the new field name ‘Cormorant East’. Production will be processed through the North Cormorant platform. The target for the well was located in the Jurassic Brent sandstones to the North East of the Cormorant North field and encountered an oil accumulation that is expected to correspond to 10-30 million barrels of oil in place.Leo Koot, managing director at TAQA Bratani Limited, comments: “This project underpins our commitment to realise the full potential from our acreage. The exploration of near-field potential close to operated fields has benefitted from good co-operation between TAQA and DECC and we look forward to working with our partners to further explore the reservoir.”TAQA earned a 60% interest and operatorship in the Contender Block by committing to pay the drilling cost of the well as a farm in obligation to the  211/22a joint venture.  The participating interests in Block 211/22a Contender Area are:60% TAQA Bratani Limited20% Dana Petroleum (E&P) Limited8.4 Antrim Resources (N.I.) Limited7.6% First Oil Expro Limited4% Bridge Energy UK Limited-Ends-

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