Oil and gas firm PA Resources has discovered oil at the Lille John prospect in licence 12/06 in Denmark.
This well has targets at three levels – Miocene, Chalk and Middle Jurassic – and the Lille John prospect is expected to contain both oil and gas.
The ongoing exploration well at the Lille John prospect encountered 5m of hydrocarbon pay in an overall Miocene sandstone / shale interval of 25m thickness at a depth of 900m below sea level.
PA Resources president and CEO Bo Askvik said the seismic imaging of the Miocene reveals the distribution of the oil-bearing reservoir and additional prospects at the Miocene level elsewhere within licence 12/06.
The company drilled an exploration well at the Broder Tuck prospect on licence 12/06 in July 2011 and discovered gas and condensate.