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Gold/Mining/Energy : Desire Petroleum

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From: Oily111/12/2010 6:38:18 AM
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Rachel North 14/15-2 Well Spud



TIDMDES

RNS Number : 0930W
Desire Petroleum PLC
12 November 2010

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+------------------------------+------------------------------------+
| For immediate release | 12 November 2010 |
+------------------------------+------------------------------------+

Desire Petroleum plc

("Desire" or "the Company")

Rachel North 14/15-2 Well Spud

Desire Petroleum PLC (AIM:DES) the oil and gas exploration company wholly
focused on the North Falkland Basin, is pleased to announce that the Rachel
North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010.

A further announcement will be made once drilling is completed.

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/Stewart | |
| Dickson, Corporate Finance | |
| Richard Redmayne / Paul | |
| Jewell, Corporate Broking | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| 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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