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Gold/Mining/Energy : Desire Petroleum
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From: Oily110/27/2010 3:15:23 AM
   of 417
 
3D Seismic Programme



TIDMDES TIDMRKH

RNS Number : 0461V
Desire Petroleum PLC
27 October 2010

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+------------------------------+------------------------------------+
| For immediate release | 27 October 2010 |
+------------------------------+------------------------------------+


Desire Petroleum plc

("Desire" or "the Company")

3D Seismic Programme

Desire Petroleum plc (AIM:DES), the oil and gas company wholly focused on the
North Falkland Basin, is pleased to announce the signing of a contract for
marine seismic acquisition services with Polarcus Limited for the use of the
seismic vessel MV Polarcus Nadia.

Under the terms of the contract Desire will acquire a 3D survey over (a) the
areas of Tranches C and D not previously covered by 3D and (b) most of Tranche F
to ensure that the east flank fan play fairway, on Desire acreage, has complete
coverage. In addition, it is intended to acquire 3D data over the northern part
of Tranche I and adjacent areas.

A contract to process the data will be the subject of a separate invitation to
tender, which will be issued shortly. Monarch Geophysical Services Limited has
been retained to provide specialist acquisition and processing supervision
throughout the project.

Rockhopper Exploration plc (Rockhopper) has simultaneously signed an identical
contract with Polarcus allowing Desire and Rockhopper to share the vessel for
acquiring seismic data in each company's adjacent licences and other areas.

The vessel is expected to commence the joint survey in December with completion
by end-April with the Desire share of the survey lasting around 90 days.



For further information please contact:

+-------------------------------+-------------------------------+
| Desire Petroleum plc | 020 7436 0423 |
+-------------------------------+-------------------------------+
| Stephen Phipps, Chairman | |
+-------------------------------+-------------------------------+
| Dr Ian Duncan, Chief | |
| Executive Officer | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Seymour Pierce Limited | 020 7107 8000 |
+-------------------------------+-------------------------------+
| Jonathan Wright | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Buchanan Communications | 020 7466 5000 |
+-------------------------------+-------------------------------+
| Ben Romney | |
| Tim Thompson | |
+-------------------------------+-------------------------------+


This information is provided by RNS
The company news service from the London Stock Exchange
END

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