Desire Petroleum plc
Drilling Update
Desire is pleased to announce that the Environmental Impact Assessment, required
for drilling in Tranches C and D in the North Falkland Basin, has been submitted
for approval to the Falkland Islands Government. The full documentation will be
posted on the Desire website.
In order to increase the flexibility of the drilling programme, a detailed
analysis of the shallow 3D seismic data, for site- survey purposes, at nine
drilling locations, within Tranches C and D in the North Falkland Basin, has
been submitted for comment to the Health and Safety Executive (acting for the
Falkland Islands Government (FIG)).
In addition, and in response to long lead times for the supply of drilling
equipment, Desire has decided to order now, all of the casing needed to fulfil a
three-well drilling programme. When received, this casing will be stored in
Aberdeen ready for the drilling programme.
Work is now well advanced on all of the fronts necessary to commence drilling as
soon as the rig market allows and Desire will continue to review both its
drilling programme and well design in order to meet changing circumstances when
a suitable rig does become available...........
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