Trinidad: Challenger Energy provides Saffron-2 drilling update
14 Jun 2021
AIM-listed
Challenger Energy, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and exploration assets across the region, has provided an update on progress at the
Saffron-2 appraisal well, currently being drilled at the Saffron project in the South-West Peninsula of Trinidad. The well is targeting the Middle and Lower Cruse reservoirs with an expectation (based upon the Saffron-1 discovery well) of production rates in the range of 200 - 300 bopd.
Highlights
Drilling has advanced through the lower section of the Middle Cruse to a depth of 2,804ft; formations encountered in line with pre-drill expectations
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Challenger Energy drilling of Saffron-2 continues in line with expectations | 14 June 2021
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Company also aims to increase production from mature fields in Trinidad and Suriname