DONG Energy and partners, Faroe Petroleum and First Oil Expro, are pleased to
announce a discovery of gas in the Glenlivet license West of Shetland.
DONG Energy is operator with 80% interest of the license (P1195), which was
awarded in the UK 22nd round. The license is located close to the Laggan and
Tormore gas discoveries, where DONG Energy holds 20% interest.
The well encountered the prognosed gas pay in Paleocene sandstone. An extensive
coring, logging and sampling program have been carried out and confirming
excellent reservoir and saturation parameters (61 meters net pay gas section).
The Glenlivet well is the first well to be operated by DONG Energy in Great
Britain in the West of Shetland sector. The exploration well is being drilled
with the deepwater semi-submersible drilling rig, Transocean Rather. The
exploration well was spudded on 22nd August 2009 and despite very harsh
weather, the drilling operation went according to plan and total depth was
reached on 10th September.
Sidetrack operations are currently being considered to appraise the size of the
The content of this announcement does not alter the previously announced
expectations for DONG Energy's financial result for 2009 or the announced
expected level of investments.
Partners in the Glenlivet license:
DONG E&P UK: 80% and operator
Faroe Petroleum Plc.: 10%
First Oil Expro Limited: 10%
Facts on DONG Energy E&P in Great Britain
In November 2008 The British Department of Energy and Climate Change awarded
DONG Energy 21 more exploration blocks in the region around the West of
Shetlands consisting of a total area of 3,600 km2. DONG Energy got status of
operator in four blocks. In total DONG Energy holds interest in more than 8,000
km2 and has interests in three of the largest finds that have been made in the
region in recent years.
For further information, contact
+45 99 55 95 60
Morten Hultberg Buchgreitz
+45 9955 9750
DONG Energy is one of the leading energy groups in Northern Europe. We are
headquartered in Denmark. Our business is based on procuring, producing,
distributing and trading in energy and related products in Northern Europe. We
have approximately 6,000 employees and generated more than DKK 60 billion (EUR
8.2 billion) in revenue in 2008. For further information, see