Premier Oil said today an exploration well on its Stingray prospect had found no oil and would be plugged and abandoned.
Premier has a 50% interest in the licence, with operator Nexen holding the rest.
The next exploration well to be drilled in Premier’s portfolio in the UK North Sea will be the Carnaby prospect in the Catcher area, expected to start at the end of next week. The Sedco 711 drilling rig will then drill the Premier-operated Coaster prospect, near to Carnaby.
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