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RANGER OIL ANNOUNCES RESULTS OF APPRAISAL WELL IN U.K. NORTH SEA BLOCK 29/2a

 RANGER OIL ANNOUNCES RESULTS OF APPRAISAL WELL
 IN U.K. NORTH SEA BLOCK 29/2a
 CALGARY, Alberta, Feb. 26 /PRNewswire/ -- The following is being issued by F.J. Dyment, president and chief operating officer of Ranger Oil Limited (NYSE: RGO, Toronto, Montreal: RGO):
 Ranger Oil Limited, in partnership with Conoco (U.K.) Limited, as Operator, today announced the results of a successful appraisal well in the U.K. North Sea Block 29/2a, some 150 miles east of Aberdeen.
 Appraisal well 29/2a-7, drilled by Ranger Oil on behalf of the partnership, was drilled to a total depth of 8591 feet by the Dan Baroness semi-submersible rig and suspended for possible future conversion to a production well.
 Two drill stem tests flowed at a cumulative stabilized average rate of 3,200 barrels a day of 38.5 degree API oil and an average 1.75 million standard cubic feet per day of gas through a 36/64 inch choke. The lower zone did not flow to capacity due to hole damage.
 The discovery well, 29/2a-6, completed in October 1991, tested three intervals and flowed at a cumulative stabilized average rate of 9,000 barrels a day of 39 degree API oil with 5.9 million standard cubic feet per day of gas through a maximum 40/64 inch choke. Cumulative maximum flow rates of 14,455 barrels a day of oil and 7.4 million standard cubic feet per day of gas were achieved on variable choke sizes.
 The Dan Baroness has moved to the Ranger operated Block 22/27a (interest 40 percent) and is drilling a well on the Northern flank of the salt dome.
 Partners in Block 29/2a:
 Percent
 Conoco (U.K.) Limited, Operator 34.50
 Enterprise Oil plc 19.41
 Watson Petroleum Inc.
 (a subsidiary of LASMO plc) 14.705
 Ranger Oil (U.K.) Limited 14.515
 Hardy Oil and Gas (UK) Limited 10.60
 Union Jack Oil plc 6.27
 -0- 2/26/92
 /CONTACT: John G. Faulds, VP of Ranger Oil Limited, 403-263-1500/
 (RGO) CO: Ranger Oil Limited ST: Alberta IN: OIL SU:


CH -- LA014 -- 2702 02/26/92 10:06 EST
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Publication:PR Newswire
Date:Feb 26, 1992
Words:359
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