The Ship Shoal A-6 well reached a total measured depth of 13,341ft. Electric line logs have confirmed that the well encountered a total of 65ft of true vertical thickness pay in the primary sand. The company plans to test the well from the primary sand shortly and is currently evaluating reserves attributable to the sand.
The company has a 100% working interest and an 80.2% net revenue interest in the well. The well was drilled from the recently acquired Ship Shoal 202 ‘A’ platform in order to expedite commencement of production, which is expected to occur during the second quarter of 2010. Ship Shoal block 201 is located 125 miles offshore southwest of New Orleans, Louisiana in approximately 102ft of water.
Howard Wilson, president and CEO of Leed Petroleum, said: “Our 2010 drilling campaign is off to a great start with the success of the A-6 well. We plan to continue execution of our focused Gulf of Mexico strategy by developing several high quality projects over the next 12 months which we believe will add material new 2P reserves and provide production diversity across multiple fields.”