Emerald Energy Plc provides the following update on activities in Block 26, Syria.

Drilling operations have commenced on the Yousefieh No.1 exploration well in Block 26.

The Yousefieh No.1 well is designed to evaluate the potential of a new exploration play identified from the 3D seismic survey acquired last year over the Khurbet East field and nearby areas. The well is planned to target Cretaceous aged formations within a structure located to the east of the Khurbet East field and the surface location of the well will be approximately 3 kilometres from the processing facilities in the field.

The Yousefieh No.1 well is expected to have a total drilling depth of approximately 2,300 metres and take approximately 45 days to drill and evaluate.

Emeralds’ Chief Executive Officer, Angus MacAskill, said, “We are pleased with the continued progress in evaluating the exploration potential of this large block and look forward to the results of this exploration well.”

Tags: Emerald Energy Plc