Breakfast biscuit for y'all
17 July 2012
Silvermere Energy plc
("Silvermere" or the "Company")
Operations Update
Silvermere, the independent oil and gas company, focusing principally on exploration, appraisal and production opportunities in the US, is pleased to announce further progress with the tie-in of the I-1 well in its Mustang Island 818-L Field. This is based on information provided by the Operator, Dominion Production Company LLC ("Dominion").
The jacket, being the lower section or "legs" of the offshore platform, was set in position on 14 July and pile-driving to secure it to the sea floor commenced on 15 July. As of last night, sea and weather conditions remain satisfactory.
Further updates will be provided as the work progresses.