Gas Strike

Nov 14, 2011 (LBO) – Cairn Lanka, a unit of India’s Cairn Energy, has made a second gas strike off the northwestern coast of Sri Lanka.

On October 04, Cairn Lanka had begun work on CLPL-Barracuda-1G/1, a second well.

The presidents office said in a statement that the state petroleum exploration office has been informed by Cairn of the find. It was 38 kilometers away from the first strike.

“The reservoirs are predominantly gas bearing with some additional liquid hydrocarbon potential,” a Cairn statement said.

“Cairn will evaluate the well results and work with appropriate authorities to determine the commercial potential of this discovery.”

Its first well, CLPL-Dorado-91H/1z found a 25 meter hydrocarbon deposit at a depth of 3,000 meters.

The well was drilled to a depth of 4741metres in water depth of 1509 meter and had found 24 metres of hydrocarbon bearing sandstone in three zones between the depths of 4067 metres and 4206 metres.