Licence PEDL005 (remainder)

Licence PEDL005 Keddington Rig Backlit.jpg

 

Keddington oil field, North Somercotes prospect & Louth prospect (part)

  • Licence PEDL005 (remainder) is located in Lincolnshire in the East Midlands Petroleum Province
  • Contains the Keddington oil field which produces from Carboniferous sandstone reservoir at a depth of 2,200 metres
  • Keddington 3z is currently producing c.24 bopd and 10,000 scf of gas/day
  • The Keddington-4 well was sidetracked as Keddington-5 but failed to flow at commercial rates and is suspended
  • Additional reserbes potentail is being evaluated
  • North Somercotes Prospect – 3D defined prospect to the north of the Saltfleetby gas field – c.6-10 bcf Gross Prospective Resources
  • The Louth prospect is discussed under PEDL339

Licence PEDL005 (remainder)

  1. Egdon Resources (Operator) - 65%
  2. Terrain Energy - 15%
  3. Union Jack Oil - 20%

 

Keddington oil field

  1. Egdon Resources (Operator) - 45%
  2. Terrain Energy - 35%
  3. Union Jack Oil - 20%

Terrain Energy

Terrain Energy is developing a portfolio of oil and gas interests based in politically stable countries, with its current focus on the UK. Terrain Energy is seeking to further develop its balanced portfolio of interests with the emphasis on production orientated assets.

Latest News

January 2017
The Whisby-6 well was successfully drilled in 2016 and encountered a good oil-saturated basal sandstone with initial production of 168 barrels of oil per day.....
[ full story ]

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Phone: +44 (0)20 7518 1714
Email: info@terrain-energy.com

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