Antrim Energy Inc. has announced that it has successfully completed its four well abandonment programme in the United Kingdom Central North Sea. United Kingdom Seaward Licences require licensees to permanently abandon all suspended wells prior to licence expiry.
Under the abandonment programme, Antrim permanently abandoned three suspended wells on the Fyne Licence (P077, Block 21/28a) and one suspended well on the Erne Licence (P1875, Block 21/29d). The final net cost of the abandonment programme to Antrim is anticipated to be in line with previous estimates.
Edited from press release by Angharad Lock