Dana Petroleum discovers oil in Danish North Sea

ABERDEEN, United Kingdom -- Dana Petroleum has completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea.

The Lille John-2 (LJ-2) appraisal well and side-track confirmed the presence of sweet, light oil in the Late Miocene sandstone reservoir.

The thickness and quality of the sandstone reservoir encountered in LJ-2 was found, as expected, to be improved relative to the LJ-1 discovery well drilled in 2011.

The entire reservoir package was cored, a comprehensive log suite gathered followed by a drill stem test over the entire interval. The production test showed a maximum flow rate of 1,400 bopd, with no sand production. The oil quality was similar to that found in the LJ-1, being 34°-35° API with no H2S.

Detailed evaluation of the acquired data will now be performed to confirm the exact thickness of the oil pay in order to assess the recoverable volumes in the Lille John accumulation and to determine commerciality.

The Danish Exploration license 12/06 also contains the Broder Tuck gas/condensate discovery.

The 12/06 license is located near existing Dana operated licenses in the Netherlands; the F02a production license containing the Hanze oil field and Pliocene (shallow) gas field and the F06 exploration license.

The participating companies in license 12/06 are Dana Petroleum Denmark (40% and operator), PA Resources (24%), Nordsøfonden (20%), Danoil Exploration (8%) and Spyker Energy (8%).