West Don Field - Commencement of Pipeline Export


 

TIDMSE. 
 
RNS Number : 2317I 
Stratic Energy Corporation 
08 March 2010 
 

 
 
                                  NEWS RELEASE 
 
                West Don Field - Commencement of Pipeline Export 
 
 
CALGARY and LONDON, March 8, 2010 - Stratic Energy Corporation (TSX Venture: 
'SE', AIM 'SE.') ("Stratic" or the "Company") announces that pipeline export for 
the West Don Field via Lundin's Thistle platform into the Brent Pipeline System 
for delivery at Sullom Voe terminal commenced on March 5, 2010. 
 
Since initial field start up in April 2009, West Don production has been 
exported via shuttle tankers loading from a single anchor leg (SAL) mooring 
system; this enabled early production from the field but was susceptible to 
interruption from severe weather.  As originally planned, export has now been 
switched to a permanent pipeline export route via Lundin's Thistle platform; 
this is expected to reduce interruption and to improve production stability and 
export operations. Stratic estimates that West Don production to date through 
the SAL system accounts for 11.0% of its proved and probable reserves, leaving 
the bulk of the field's reserves to be recovered through the more stable 
pipeline off take route. 
 
Petrofac, the West Don Field operator together with Lundin (Thistle Operator) 
began modification of the Thistle platform in late 2008; this work included the 
installation of a new flexible riser hang off platform. The final tie-ins and 
pipeline commissioning operations were completed by the end of February 2010. 
 
Mark Bilsland, Stratic's Chief Operating Officer, commented: "We are delighted 
that the West Don field has been successfully tied in to the Brent Pipeline 
System via the Thistle platform.  This planned change over to pipeline export 
sees the completion of the initial development plan for the West Don Field and 
is expected to improve production and export performance." 
TSX-V notification 
 
The TSX Venture Exchange has not reviewed and does not accept responsibility for 
the adequacy or accuracy of the contents of this release. 
 
Stratic's Chief Operating Officer, Dr Mark Bilsland BSc (geology), PhD 
(petroleum petrophysics), and member of the SPE, is the qualified person who has 
reviewed and approved the technical information in this announcement for the 
purposes of the AIM Rules for Companies (incorporating the Guidance Note for 
Mining, Oil and Gas Companies). 
 
 
For further information contact: 
 
Kevin Watts, President and Chief Executive Officer                        +44 20 
7766 7900 
 
Mark Bilsland, Chief Operating Officer 
 +44 20 7766 7900 
 
Patrick d'Ancona, M: Communications 
+44 20 7153 1547 
 
Canadian Investor Relations 
Roger Fullerton 
                +1 952 929 7243 
Email: roger.fullerton@straticenergy.com 
 
Website: www.straticenergy.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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