Trading Symbol: TSX-V:NUK


Symbol: TSX-V: NUK

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Bagpuss

 

Block 13/24c

     

North Sea Energy  40%

EnCounter Oil  40%

Groliffe Limited  20%*

 

 

Bagpuss17,18

• Structurally located on the western margin of the Halibut Host at the eastern extremity of the Inner Moray Firth.

• Two leads have been identified on the block, Bagpuss (Block 13/24c) and Blofeld (Block 13/25). Both are structural closures with an interpreted Lower Cretaceous reservoir.

• The Bagpuss lead is a large upthrown structural trap within the Lower Cretaceous Sands of uncertain age encountered in Well 13/24a-2A that lies within the closure.

• 1981 Amoco well shows oil in lower Cretaceous sand at 1380 ft with approximately 20-30 ft oil bearing sand. Cuttings show presence of fluid oil.

17See Disclosure: Source Definitions, note 17

18See Disclosure: Source Definitions, note 18

*Subject to DECC approval

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