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Cepheus well completed

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Bayerngas is pleased to announce with partners GDF Suez and Centrica a new gas discovery in the UK Southern North Sea (SNS).
The Cepheus 44/12a-6 exploration well encountered a gas column within the Permian Lower Leman Sandstone which was the primary reservoir target. The well was spudded on 9 March 2014 and drilled to a total depth of 11,730 feet TVDSS (total vertical depth subsea). The TSF Monarch rig has moved off location after plugging and abandonment operations.
 
The discovery supports our partnership strategy to add value to the Cygnus field through its development as a hub for the wider area and it comforts the SNS as a core area for Bayerngas.
 
Equity interests in the P1731 licence are operator GDF SUEZ E&P UK Ltd (34.48%) and partners Centrica North Sea Gas Limited (48.28%) and Bayerngas UK Limited (17.24%).
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