Information  X 
Enter a valid email address

Oil Quest Resources (OILQ)

  Print      Mail a friend

Tuesday 21 February, 2006

Oil Quest Resources

Drilling Update

Oil Quest Resources PLC
21 February 2006

                            OIL QUEST RESOURCES plc

                Westerdale-1 and Kirkleatham-4 Operations Update

The Directors of Oil Quest Resources plc ('Oil Quest' or 'the Company') are
pleased to provide an update on drilling and testing operations on the UK
onshore licence PEDL068 situated within the Cleveland Basin, in which the
Company holds a 20 per cent. interest.

Oil Quest has been informed by the Operator, Egdon Resources plc, that the BDF28
drilling rig has completed drilling and logging operations at the Westerdale-1
well which reached a TD of 1,304.5m within rocks of Carboniferous age on 17
February 2006.

During drilling gas shows were encountered within the Permian age Brotherton
Limestone and also in Carboniferous sandstones.  Logging operations have now
been completed and evaluation indicates potential gas pay in these two intervals
which will be confirmed by testing.

The top of the Brotherton carbonate was encountered deeper than expected at a
measured depth of 905m due to a thickened high velocity Triassic section. The
lower interpreted gas column is in sandstones of Carboniferous age which were
penetrated at a measured depth of 1,188m.

The Westerdale-1 well is currently being completed with 7' casing to allow the
testing of both intervals of interest.  Testing operations will be undertaken
using a work-over rig and are planned for March to follow on from testing of the
Kirkleatham-4 well.  Planning conditions at Westerdale-1 dictate that testing
operations are restricted to the period 1 October to 31 March.  Further details
will be released once the test results have been fully evaluated.

Testing of the Kirkleatham-4 well, where a c.19m gas column was encountered
within an interval of high gas saturations and good porosity development in the
Cadeby Formation, is planned to commence on 27 February with operations
anticipated to take approximately 15 days. The test completion will enable the
well to be suspended for potential future production.  Details of the results
will be released once all data from the test have been analysed.  Planning is
also ongoing for potential seismic acquisition over the Kirkleatham

For further information please contact:

Oil Quest Resources plc                                   0117 957 3666
David Bramhill, Managing Director

Westhouse Securities LLP                                  0161 838 9140
Tim Feather

Aquila Financial Limited
Peter Reilly                                              020 7202 2601
Yvonne Fraser                                             020 7202 2609

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                    

a d v e r t i s e m e n t