Leni Gas & Oil’s GY-666, the third of its planned 30 new development wells at the Goudron Field in Trinidad, has intersected 185 feet of net oil pay in the Goudron sandstones based on independent petrophysical analysis of the electric logging.

The well has reached an intermediate depth of 1,667 feet measured depth ("MD") and has been logged, and is now in the process of being cased before drilling ahead to the primary Gros Morne sandstone target; now expected at approximately 2,050 feet MD.

A summary of the drilling program results to date is given in the Appendix below. Further information will be provided once the primary target in GY-666 has been logged.

Tags: Leni Gas & Oil Plc