The EnCore operated well is being drilled using the Transocean Galaxy II heavy duty jack-up rig and is being managed by Applied Drilling Technology International (ADTI).

The well is expected to take approximately 20 days, subject to weather and operational requirements.

The core objective of the well is to establish if hydrocarbons are present in the Tay sands at an estimated depth of approximately 4,125ft Total Vertical Depth Sub Sea.

EnCore holds 15% interest in the license while Premier Oil, Wintershall (UK North Sea), Nautical Petroleum and Agora Oil & Gas hold 35%, 20%, 15%, 15%, respectively.