Dana discovers Danish oil

Dana Petroleum has discovered light sweet crude in the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea.

The Lille John-2 (LJ-2) appraisal well and side-track confirmed the presence of sweet, light oil in the Late Miocene sandstone reservoir.

The thickness and quality of the sandstone reservoir encountered in LJ-2 was found, as expected, to be improved relative to the LJ-1 discovery well drilled in 2011. The entire reservoir package was cored, a comprehensive log suite gathered followed by a drill stem test over the entire interval. The production test showed a maximum flow rate of 1400 bbl/day, with no sand production. The oil quality was similar to that found in the LJ-1, being 34°-35° API with no H2S.

The Danish Exploration License 12/06 also contains the Broder Tuck gas/condensate discovery. Dana acquired 40% equity in the license from PA Resources last year and assumed operatorship on 1 June 2014.

The 12/06 license is near existing Dana operated licenses in the Netherlands; the F02a production license containing the Hanze oil field and Pliocene (shallow) gas field and the F06 exploration license.

Dana Petroleum is operator with 40% interest with partners PA Resources (24%), Nordsøfonden (20%), Danoil Exploration (8%) and Spyker Energy (8%).

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