The North Amethyst E-17 well was drilled in the fall of 2008 to delineate the Ben Nevis Avalon Formation (the producing formation at White Rose) and to explore the potential of a second, deeper horizon called the Hibernia Formation.

The Hibernia Formation encountered 55 metres (net) of oil-bearing reservoir containing an estimate of discovered PIIP (Petroleum-Initially-In-Place) of 30 to 85 million barrels (best estimates of 60 million barrels) of light crude oil.

The company said that the Hibernia Formation resources are in addition to those discovered in the main White Rose pool in the 1980’s where oil flowed from the Hibernia Formation in the E-09 well.

The E-09 discovery contains an estimate of discovered PIIP of 100 to 250 million barrels (best estimate of 170 million barrels) of light crude oil. These resources will continue to be evaluated and appraised by additional drilling prior to finalisation of development options.

John Lau, president and CEO of Husky Energy, said: “These results are very exciting and suggest that significant additional potential exists within the White Rose area. This potential will be further evaluated in our ongoing program of development drilling and near field exploration in the Jeanne D’Arc Basin.”

Husky Energy is the operator of the White Rose oil field, and holds a 72.5% working interest while Suncor Energy holds the remaining 27.5% working interest.