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Drilling Update

26th Oct 2010 08:49

RNS Number : 9973U
Desire Petroleum PLC
26 October 2010
 



For immediate release

26 October 2010

 

 

Desire Petroleum plc

 

("Desire" or "the Company")

 

Drilling Update

 

Desire Petroleum plc (AIM: DES), the oil and gas company wholly focused on the North Falkland Basin, wishes to give an update on the drilling progress to date on the Rachel 14/15-1Z sidetrack well.

 

The well is currently at 3,000 metres progressing towards the expected measured total depth of around 3,418 metres.

 

For further information please contact:

 

Desire Petroleum plc

020 7436 0423

Stephen Phipps, Chairman

Dr Ian Duncan, Chief Executive Officer

Seymour Pierce Limited

020 7107 8000

Jonathan Wright / Stewart Dickson, Corporate Finance

Richard Redmayne / Paul Jewell, Corporate Broking

Buchanan Communications

020 7466 5000

Ben Romney

Tim Thompson

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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