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Otto Energy-BYE: SM 6 No 2 well update

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Oilfield Technology,

Byron Energy Ltd advises that Byron Energy SM 6 #2 well located in South Marsh Island Block 6 (SM 6) has reached a depth of 3470 ft measured depth.

13 3/8 in. surface casing has been run to bottom and cemented. Present operations are testing blow out preventers in preparation to drill ahead to the next casing point at 7885 ft measured depth. This is above the primary target in the well. Drilling operations are expected to resume shortly. The SM 6 #2 well is the first well to be drilled as part of Byron’s farm-out to Otto Energy Ltd.

SM 6 #2 is being drilled in water depth of approximately 65 ft (20 m), with a planned total measured depth of approximately 9516 ft (2900 m) and total vertical depth of 9,138 ft. It is anticipated that the well will take approximately 40 days to drill and evaluate.

The well is being drilled on a prospect in the south west corner of a major salt dome in SM 6, located offshore Louisiana, 216 km southwest of New Orleans, Louisiana, US.

Edited from press release by

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