7th Feb 2014 09:37
LONDON (Alliance News) - Oil and gas investment company Doriemus PLC Friday said that the Competent Persons Reports for both the Lidsey and Brockham oil fields are now scheduled to be completed and published later this month.
It said RPS Group PLC, the independent energy consultancy, will provide a CPR on both fields outlining overall Oil in Place and a detailed reserve and resource summary.
"Additional work has been required on both oil fields' CPRs in order to correctly site the new side track on the shut in Brockham-4 well and plan for the new Lidsey-2 well," Chairman Donald Strang said in a statement.
Strang said drilling on the Brockham-4 well is now expected to commence in early March.
Doriemus shares were trading 1.4% higher at 0.157 pence per share on Friday morning.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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