UK-based Europa Oil & Gas is set to expand its UK onshore reserves with two new exploration wells in northern England.
The company said Monday that the Wressle-1 onshore exploration well discovered a potential pay zone in three separate reservoir intervals measuring over 98 feet.
Production testing of the three intervals using a workover rig is will start in November.
The well is located in the PEDL 180 licence in North East Lincolnshire.
Europa has a 33.3 percent working interest in PEDL 180.
UK-based Egdon Resources is the operator with a 25 percent interest, UK-based Celtique Energie Petroleum holds a 33.3 percent interest and UK-based Union Jack Oil holds a 8.3 interest.
Wressle is a conventional hydrocarbon prospect located in the East Midlands Petroleum Province, about three miles southeast of the Europa operated Crosby Warren field.
Preparations for the Europa operated Kiln Lane conventional exploration well on the PEDL 181 licence are also moving forward as planned.
The company said operations are projected to start before the end of the year.
The Kiln Lane prospect holds estimated gross mean prospective reserves of 2.9 million barrels of oil.
Europa holds a 50 percent interest and is operator of PEDL 181.
Egdon Resources Celtique Energie Petroleum each hold a 25 percent interest.
The license covers 208 square miles in North East East Lincolnshire, England.
“Combined Wressle and Kiln Lane have the potential to transform our existing UK onshore production profile,” Europa’s CEO Hugh Mackay said.