Corallian Energy Limited

A private oil and gas appraisal and exploration company

A private oil and gas appraisal and exploration company

A private oil and gas appraisal and exploration companyA private oil and gas appraisal and exploration company

QUOYS & UNST PROSPECTS (LICENCE P2464)

Summary

  • 31st Round award - Corallian holds a 100% interest


  • Block 3/18 Quoys prospect, is a Jurassic structural / stratigraphic trap updip of the 3/19b-2 oil discovery - Pmean prospective resources of 57.4 mmbo, with upside (P10) of 107.5 mmbo


  • Block 3/12b contains the Unst gas prospect, a Frigg sandstone amplitude anomaly similar to that seen at Nuggets. Pmean prospective resources of 68 bcf, with upside (P10) of 85 bcf


  • Plan to drill and develop the Unst Eocene gas via sub-sea tie-back to local infrastructure


  • Appraisal well at Quoys planned for 2022

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