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Clontarf Energy plc announced on 6th June 2022 the final results for its Sasanof-1 exploration well. The well was drilled to a total depth of 2,390 metres without incident, but no commercial hydrocarbons were intersected. The well will now be plugged and permanently abandoned, followed by de-mobilisation activities.
| Date | 6 Jun 2022 |
| Time | 07:00:11 |
| Category | Corporate updates |
| ID | 7808N |
6th June 2022
Clontarf Energy plc
("Clontarf" or "the Company")
Sasanof-1 well
Final result
Clontarf Energy plc (AIM: CLON), announces results of the Sasanof-1 exploration well, located 207 km northwest of Onslow, Western Australia:
· The Sasanof-1 exploration well has been drilled to a total depth of 2,390 metres (RMDT) by the Valaris MS-1 rig, without incident.
· No commercial hydrocarbons were intersected.
· As planned, the well will now be plugged and permanently abandoned.
· De-mobilisation activities will then commence.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
Ends
For further information please visit http://clontarfenergy.com or contact:
Enquiries:
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Clontarf Energy David Horgan, Chairman
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+353 (0) 1 833 2833 |
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Nominated & Financial Adviser Strand Hanson Limited Rory Murphy Ritchie Balmer |
+44 (0) 20 7409 3494 |
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Broker Novum Securities Limited Colin Rowbury |
+44 (0) 207 399 9400 |
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Financial PR BlytheRay Tim Blythe/Megan Ray |
+44 (0) 207 138 3206
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Teneo Luke Hogg Alan Tyrrell Ciara Wylie |
+353 (0) 1 661 4055 |