Zebedee Exploration Well Results (April 2015)
On April 2nd the Falkland Islands Government released a press statement regarding the announcement of results from the Zebedee well:
"The Falkland Islands Government welcomes today’s announcement by Premier Oil and partners that the 14/15b-5 ‘Zebedee’ exploration well has been declared an oil and gas discovery following the completion of its evaluation programme. Zebedee is the first well of the six-well drilling campaign planned to take place in Falkland Islands waters through 2015.
MLA Jan Cheek, portfolio holder for Mineral Resources, commented:
“We congratulate Premier and their partners on this early success, which provides an excellent start to the 2015 exploration programme. The Zebedee discovery identifies additional resources that could form part of subsequent phases of the Sea Lion field development.”