North Sea Energy (NSE) has been advised by Premier Oil UK, the Operator, that the spudding of the Bagpuss Well-13/25-A (Well).

Bagpuss operations commenced on July 14th, 2016 when Ocean Valiant offshore drilling rig left the Solan development and arrived on site July 16th, 2016. The results of the Well are forecast to be released in early August, 2016.


Ocean Valiant offshore drilling rig commences drilling of the 13/25-A Bagpuss Well

Drilling results forecast by the Operator to be in early August

The Well is to be drilled to approximately 1,550 ft subsurface to evaluate the prospectivity of the reservoir interval beneath the Chalk and above the granite basement

The joint venture partners in the Bagpuss prospect are Maersk Oil UK (25% Working Interest (WI)), NSE through its wholly owned subsidiary North Sea Energy (UK NO2) Limited ("NSE2") (15%WI), Premier Oil UK Limited (40.1%WI, Operator), EnCounter Oil (13.27%WI) and Groliffe (6.63%WI).