Galaxy II Rig Update
December 13 2010 - 2:00AM
UK Regulatory
TIDMEO.
RNS Number : 7955X
EnCore Oil PLC
13 December 2010
Press Release
For immediate release: 13 December 2010
EnCore Oil plc ('EnCore' or 'the Company')
Galaxy II Rig Update
EnCore Oil plc (LSE: EO.) announces that the Transocean Galaxy II heavy duty
jack-up rig left the standby location in the UK North Sea on Sunday 12 December
and is en route to the Varadero location on Block 28/9. Subject to weather and
any operational delays, the rig is expected to arrive at Varadero later today.
For further information, please contact:
+------------------------------------------+----------------------+
| EnCore Oil plc | www.encoreoil.co.uk |
+------------------------------------------+----------------------+
| Alan Booth, Chief Executive Officer | +44 (0)20 7224 |
| | 4546 |
+------------------------------------------+----------------------+
| Eugene Whyms, Chief Financial Officer | |
+------------------------------------------+----------------------+
| Yvonne Fraser, Investor Relations | +44 (0)7957 241 |
| Manager | 408 |
+------------------------------------------+----------------------+
| | |
+------------------------------------------+----------------------+
| Westhouse Securities Limited | |
+------------------------------------------+----------------------+
| Tim Feather | +44 (0) 20 7601 |
| | 6100 |
+------------------------------------------+----------------------+
| Matthew Johnson | |
+------------------------------------------+----------------------+
Notes to Editors:
EnCore Oil plc (LSE:EO.) is an oil and gas exploration and production (E&P)
company quoted on AIM.
EnCore has a balanced portfolio of offshore assets, based mainly in the UK
Continental Shelf (UKCS) and a significant equity holding in AIM listed Egdon
Resources plc (LSE: EDR).
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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