Fyne Area

Antrim’s Core Property - Central North Sea  

23 Million barrels 2P* gross 

(includes Fyne Field, Dandy Field (2P reserves have not yet been assigned to the Area 4 Field)

5 successful wells drilled into the field

Free flow test rates up to 4,000 bopd

Anticipated initial production rate of up to 19,000 bopd (gross)

Large concentrated land position with 100% ownership

* Ref: McDaniel & Associates Consultants, December 31, 2011 

Greater Fyne Region

 

 

Oil API approximately 25 degrees

Drilling depth 3,500 - 5,000 ft 

Field Development Plan in preparation

East Fyne appraisal well drilled in Q1 2012

Production startup anticipated in 2014

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Activity History

Antrim acquired a 75% WI in block 21/28a in 2006.  This acquisition includes three seperate accumulations: Fyne Field, Dandy Field and the Area 4 Field

High resolution 3D seismic was acquired in June 2007.  This seismic has proved to be a valuable tool, providing predictability over the Tay sandstone target reservoir.

In 2008, Antrim drilled well 21/28a-9 (pilot and 2 sidetracks) and well 21/28a-10 (pilot and 1 sidetrack) in the Fyne Field. Reservoir continuity and fluid contacts were confirmed, and well 21/28a-10Z was successfully tested at up to 4,000 bopd.

 Participants

  • Antrim Resources (N.I.) Limited
  • First Oil Expro Limited