10:11 AM EST - Antrim Energy Inc. : reported an oil discovery at its Kerloch well in the British North Sea, as it had predicted. Well work has been suspended to allow potential re-entry and future use. The well was drilled to a total depth of 3,700 metres and encountered a full Brent oil reservoir sequence. Most of the Brent sequence was cored and extensive electric wireline logging operations are near completion. Antrim Energy Inc.
shares T.AEN are trading up 13 cents at $4.25.
