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DJ Doriemus PLC UK onshore Brockham Oil Field Update

 
TIDMDOR 
 
For Immediate Release 
 
15 December 2016 
 
                                 DORIEMUS PLC 
                         ("Doriemus" or the "Company") 
 
     UK onshore Brockham Oil Field Update - Rig has mobilised and work has 
                                  commenced. 
 
 
London-quoted Doriemus PLC (ISDX: DOR) is pleased to announce that work has now 
commenced on operations at the Company's Brockham Oil Field ("Brockham"), which 
is located near Gatwick Airport and which is also situated only about four and 
a half miles north west from the Company's first significant oil strike at the 
Horse Hill oil discovery which had excellent oil flow rates in March this year 
from the testing programme. 
 
This Brockham well is the latest initiative by Doriemus in actively 
participating in UK onshore conventional oil exploration designed to boost 
domestic oil. 
 
Angus Energy Plc ("Angus Energy"), the operator of Brockham, has just advised 
Doriemus that they have today received the all important final approvals 
required from the UK Government Oil and Gas Authority's  ("OGA") and HSE to 
commence the work on the BR-X4Z well on UK onshore Production Licence PL 235. 
 
The rig is now on site and has commenced work, as per the approved programme, 
and has started to abandon the required redundant wells in the upper Portland 
formation before re-entering the original Brockham-X1 well that BP drilled in 
1987 down through the Portland, Kimmeridge, Corallian and in to the much deeper 
greater Oolite formations. All the original BP wells at Brockham that passed 
through the Kimmeridge and Corallian formations were drilled without properly 
assessing their hydrocarbon potential. 
 
Interest in Brockham Oil Field (PL 235): 
 
Doriemus owns a 10% direct interest in the Brockham Oil Field which is held 
under UK Production Licence PL 235. 
 
David Lenigas, Executive Chairman of Doriemus Plc, commented: 
 
"I'm very pleased that Angus have managed to get the required approvals from 
the UK Government to perform this new work at Brockham and that they have 
already started operations on this exciting project ahead of the end of the 
2016 calendar year. Doriemus looks forward to reporting the results of this 
very important oil exploration well for Brockham and the wider Weald Basin in 
due course." 
 
The directors of the Company accept responsibility for the contents of this 
announcement. 
 
For further information please contact: 
 
Doriemus Plc: 
www.doriemus.com 
David Lenigas (Executive Chairman)            +44 (0) 20 74400640 
Hamish Harris (Non-Executive Director) 
 
Peterhouse Corporate Finance Limited          +44 (0) 20 7469 0930 
Guy Miller 
Fungai Ndore 
 
Square 1 Consulting (Public Relations)        +44 (0) 20 7929 5599 
David Bick 
 
 
 
END 
 

(END) Dow Jones Newswires

December 15, 2016 04:45 ET (09:45 GMT)