11:38 AM EST - Antrim Energy Inc. : announced that first oil production has been achieved from the Cormorant East Field in UK Northern North Sea Block 211/22a Contender Area (Antrim interest 8.4%). The initial production rate is approximately 5,500 barrels of oil per day (net Antrim approximately 460 barrels of oil per day), with no water. First oil was achieved after only 85 days following discovery of the field. Antrim Energy Inc.
shares T.AEN are trading up $0.03 at $0.59.
