Desire Petroleum provide the findings of a recently completed independent update to the Competent Person's Report (CPR) issued by Senergy (GB) Limited in October 2011.
This CPR update covers the results of the farm-in well 14/15-4a in licence PL004b within Tranche D, relating to the Sea Lion Extension, Casper, Casper South (Shona) and Beverley prospects, which were identified pre-drill and described in the initial October 2011 CPR. All of the prospects were found to be hydrocarbon bearing, with a gross reservoir column of 89 metres and a total net pay of 57 metres. Following the completion of this well Desire has a 40% interest in PL004b with Rockhopper Exploration plc having a 60% interest.
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