Completed Well 53/14a-2

Exploration well on the Aspen prospect, with Dinantian carbonate primary and Namurian (Millstone Grit) secondary objectives on an Alpine (Miocene) inversion faulted anticline with main target at c. 9,500 ft. Play required oil-mature Lower Namurian shale source. Well slightly deviated to objective and proved 764 ft TVT gross Namurian (Millstone Grit facies) sandstones and 1,237 ft TVT gross Dinantian limestone at the main objective. Neither reservoir was gas-bearing.