Zenith Energy said it has completed well operations on the Europa Oil & Gas Kiln Lane well in North-east Lincolnshire.
The PEDL 181 licence was the first full project management contract for Zenith Energy.
It was spudded in February this year and reached a total depth of 2,291 metres last month.
The well has since been plugged and abandoned after Europa announced the wireline logging and subsequent petrophysical analysis indicated that the sandstones encountered were water wet.
Zenith Energy has commenced drilling at the UK’s first conventional onshore exploration well of 2015.
The company has initiated operations of the Europa Oil & Gas operated Kiln Lane well, which is located in Lincolnshire on licence PEDL 181.
The Kiln Lane well is the first full project management contract for Zenith Energy, which will involve drilling to a total depth of approximately 2,500 metres.
Europa Oil & Gas estimates Kiln Lane, a conventional exploration well targeting oil in Upper Carboniferous sandstone reservoirs, has mean gross un-risked recoverable resources of 2.9 million barrels of oil.
