Sotto-1 Exploration Well, (PSC A), Progress and Current Status: Since the last report on 16 August, the ‘Stena Tay’ drill rig has drilled Sotto-1 ST1 to a final total depth of 3,279 metres. At midnight on 22 August 2005, preparations were underway to commence acquisition of wireline logs as part of the planned drilling and evaluation programme. Following completion of wireline logging, the Sotto-1 ST1 well will be plugged and abandoned as planned and the ‘Stena Tay’ will move to the Espadon-1 exploration well in PSC-B.
In addition to the 2005 exploration wells previously announced, Sotto, Espadon and Colin, the Joint Venture Participants have also approved the drilling of the Labeidna exploration well in PSC-B and a combined exploration and appraisal well to both appraise the Tevet discovery and target a deeper exploration prospect beneath the Tevet Miocene reservoir in PSC-B.
