Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/3d-oil-encounteres-no-commercial-hydrocarbons-on-s.shtml

3D Oil encounteres no commercial hydrocarbons on Sea Lion-1 well

3D Oil Limited advises that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion -1 data have been completed.

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3D Oil Ltd.-2

3D Oil Limited advises that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion -1 data have been completed. This work has confirmed that no zones of commercial hydrocarbons were encountered in the Sea Lion-1 well.

Current operation is running out of the hole with logging tools. Forward operations are to plug and abandon the Sea Lion -1 well and to de-mobilise the West Telesto drilling rig from the site.

This is the final Drilling Progress Report for Sea Lion -1. TDO will advise when all site operations are compete and the West Telesto has been released.

Tags: 3D Oil Ltd.