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Gold/Mining/Energy : Desire Petroleum -- Ignore unavailable to you. Want to Upgrade?


To: Greywolf who wrote (392)10/26/2010 1:27:49 PM
From: Oily1  Respond to of 417
 
Rachel sidetrack drilling update :

RNS Number : 9973U
Desire Petroleum PLC
26 October 2010

?

For immediate release
26 October 2010






Desire Petroleum plc



("Desire" or "the Company")



Drilling Update



Desire Petroleum plc (AIM: DES), the oil and gas company wholly focused on the North Falkland Basin, wishes to give an update on the drilling progress to date on the Rachel 14/15-1Z sidetrack well.



The well is currently at 3,000 metres progressing towards the expected measured total depth of around 3,418 metres.



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