Links
Scottish driller finds oil off Greenland coast
A Scottish oil company said Tuesday it has found oil for the first time in its exploration off Greenland, but it has abandoned an earlier well which caused a flurry of excitement when the company encountered gas.
Cairn Energy PLC said it found oil "intermittently" in a 400-meter section of the Alpha-1S1 well which has now gone 4,358 meters deep.
"Initial geochemical analysis of various hydrocarbon samples recovered from the well... confirms the presence of two oil types which have different origins and levels of maturity and are the first oils encountered in the current exploration campaign. Further geochemical analyses are ongoing on a number of oil samples," the company said.