Operations Update
22 October 2008 - 5:00PM
UK Regulatory
RNS Number : 4019G
Elixir Petroleum Ltd
22 October 2008
Elixir Petroleum Limited
(AIM : ELP)
22 October 2008
POMPANO FIELD - OPERATIONS UPDATE
Elixir Petroleum Limited ("Elixir"), the international oil and gas exploration and production company (ASX:EXR, AIM:ELP), provides the
following update on activities at the Pompano field in the Gulf of Mexico.
Well SL 103320 �4 ("Well �3")
Since our last announcement, the operator at the Pompano Project, AnaTexas Offshore Inc., has advised that the open hole section in Well
�3 has been abandoned and the well has been left in a suspended condition for future completion or as a sidetrack candidate. Data analysis
of the log data from Well �3 is continuing with a view to assessing future options for the well.
The Hercules 152 drilling rig demobilised from the field and was off contract at midnight on 17 October 2008 (US/CST). This will be the
last operational update for Well �3.
Well SL 103229 �1 ("Well �1")
The operator continues to source equipment and materials for the workover to be conducted on Well �1. Planning is well advanced and
Elixir will make a further announcement when the workover operations commence.
For further information, please visit Elixir's website at www.elixirpetroleum.com or contact:
Elixir Petroleum Limited Blue Oar Securities Plc
Alex Neuling Jerry Keen / Olly Cairns
Tel: (+61) 8 9440 2650 Tel: (+44) 207 448 4400 / (+61) 8 6430
1631
Conduit PR
Jonathan Charles
Tel: (+44) 207 429 6666
Information contained in this report with respect to the Pompano Project, was compiled by Elixir, or from material provided by the
project operator and reviewed by I L Lusted, BSc (Hons),SPE , who has had more than 15 years experience in the practice of petroleum
engineering. Mr Lusted consents to the inclusion in this report of the information in the form and context in which it appears.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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