Leni Gas & Oil says that well GY-668, the fifth of its planned 30 new development wells at the Goudron Field in Trinidad, and the fourth well from this drill pad, has been successfully drilled to a depth 1,946 feet measured depth (MD). Based on independent petrophysical analysis of the electric logging the well intersected 191 feet of net oil pay in the Goudron Sandstones.

Neil Ritson, LGO's Chief Executive, commented:,"We are continuing to deliver a successful drilling programme at Goudron and are now looking forward to completing these four wells for production."

The well has been cased to a depth 1,936 feet MD in order to isolate the Goudron Sandstone and is now preparing to drill ahead to the primary Gros Morne Sandstone oil target which is expected at approximately 2,150 feet true-vertical depth ("TVD").

Tags: Leni Gas & Oil Plc