Faroe double drill plans

摘要

Faroe Petroleum said today that it will be involved with two exploration wells which are scheduled for drilling in 2006. Announcing a loss of US 522,000 for 2005, Faroe said it would be participating in the drilling of the North Halibut well 12/21a-A to be drilled by Oilexco in the North Sea and the Brugdan well set to be drilled in Licence 006 offshore the Faroes by Statoil.