HOUSTON, TX- Doriemus PLC (ISDX:DOR), the London Listed UK focused oil and gas exploration and production investment company, is pleased to announce it has engaged, in conjunction with the operator and owner of 60 per cent. (Angus Energy Weald Basin No. 3 Limited) of the producing onshore Brockham Oil Field (“Brockham”), US-based NUTECH Energy Alliance Ltd. ("NUTECH"), one of the world's leading companies in petrophysical analysis and reservoir Intelligence, to assist the company assess and more fully understand the potential of it’s Brockham Oil Field, oil and gas acreage in the UK’s Weald Basin. The Company owns a 10 per cent. participating interest in the UK Production Licence No. 235 (“PL 235”) which comprises the producing onshore Brockham on the northern flank of the Weald Basin.
Headquartered and operating in Houston, Texas, NUTECH (www.nutechenergy.com) is a global oil services company specialising in reservoir evaluation and optimisation at all stages of the exploration and production life-cycle. NUTECH have analysed nearly 100,000 wells globally, for super majors to small independents in 80 countries, containing many of the world's major conventional and unconventional hydrocarbon plays.
David Lenigas, Doriemus’s Executive Chairman, commented;
"I have worked with NUTECH extensively in the past in their assessment of the Horse Hill Licences in the Weald Basin and the wider Weald Basin in general, and I am delighted that the Company will gain access to NUTECH's proven global technical expertise, to help us understand the potential of our assets in the Weald.”
The directors of the Company accept responsibility for the contents of this announcement.