30 July 2010 - Cladhan Rig Update
Press Release
For immediate release: 30 July 2010
EnCore Oil plc (‘EnCore’ or ‘the Company’)
Operations Update - Cladhan
EnCore Oil plc (LSE: EO.) announces that the J.W.McLean rig is expected to commence drilling operations at the Cladhan location towards the end of the week commencing 2 August 2010 or early during the week of 9 August 2010, once it has completed operations on its current well. A further announcement will be made once the Cladhan well has been spud.
Click here to see pdf of announcement
For further information, please contact:
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EnCore Oil plc
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www.encoreoil.co.uk
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Alan Booth, Chief Executive Officer
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+44 (0)20 7224 4546
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Eugene Whyms, Chief Financial Officer
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Yvonne Fraser, Investor Relations Manager
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+44 (0)7957 241 408
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Westhouse Securities Limited
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Tim Feather
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+44 (0) 20 7601 6100
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Matthew Johnson
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Notes to editors:
EnCore Oil plc (LSE:EO.) is an oil and gas exploration and production (E&P) company quoted on AIM.
It is not the Company’s aim to build a full cycle E&P company. The principal strategy is to create shareholder value through the successful exploration and appraisal of prospects and discoveries. The Company will seek to monetise or exchange the asset at the appropriate point in its life cycle and return value directly to shareholders wherever possible.
EnCore has an experienced and proven management team, a number of whom were responsible for the discovery of the Buzzard field in the UK North Sea, which currently produces over 10 per cent. of the UK’s total oil production.
All EnCore’s commercial and material technical evaluations are undertaken in-house by the EnCore team. This brings both continuity to the management and development of the assets and an ownership that is vital to unearth the best and most creative new ideas and opportunities.
www.encoreoil.co.uk
Friday, July 30, 2010
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