5th Nov 2008 07:00
Pan Andean Resources plc
Pan Andean is an oil and gas producer and explorer in South America
and the Gulf of Mexico
5th November 2008
Danbury Dome Drilling Update
The Directors of Pan Andean Resources (AIM:PRE), the AIM listed oil and gas producer are pleased to announce that significant gas shows have been encountered in two of the three targets in the Vieman No. 1 well at Danbury Dome, onshore Texas.
Drilling has stopped at 13,200 feet, 25 feet into the Anomalina 2 Sands, the main target in the well. Preparations are ongoing to perforate and test these sands.
This announcement has been approved by Ivan Sandrea, Director, Pan Andean. Mr. Sandrea has more than 10 years of international E&P experience.
Contacts:
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Pan Andean |
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David Horgan, Managing Director |
+ 353 87 292 3500 |
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John Teeling, Chairman |
+ 353 1 833 2833 |
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College Hill |
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Paddy Blewer |
+44 (0)20 7457 2020 |
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Nick Elwes |
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Blue Oar Securities Plc |
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John Wakefield |
+44 (0)117 933 0020 |
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Simon Moynagh |
www.panandeanresources.com
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