Beacon Energy (AIM: BCE) announce that drilling has started at the Schwarzbach-2 (“SCHB-2”) development well within the Erfelden Field, onshore South West Germany.
Drilling operations are expected to take in the region of 25 days to reach the prognosed TD drilling depth of 2255m (1709m True Vertical Depth), with an additional 12 days scheduled for testing.
It is anticipated that once completed, the SCHB-2 well will be tied-in to existing production facilities at the Schwarzbach site and put into production.
Enquiries:
Beacon Energy plc
Larry Bottomley (CEO) / Stewart MacDonald (CFO)
+44 (0)1624 681 250
