Summit Exploration and Production Limited (SEPL) holds 100% interest in UKCS block 15/16d and is seeking a farmin partner to join in drilling the Tertiary Ranger prospect in the 3rd quarter of 2016. Ranger is located near the billion-barrel Piper Field and has pay potential in the Forties, Balmoral and Andrew sands. The Forties and Balmoral sands exhibit seismic flat sports and avo anomalies. The Balmoral sandstone, which is the primary target, has been fully evaluated by a calibrated simultaneous inversion. Prospective STOIIP is 121mmb in the Base Case and 294mmb in the Upside Case. An exploration well to 5500 ft tvdss will evaluate all three horizons and is expected to cost about £6.3mm. Up to 50% interest in the licence is available. Interested parties may contact Richard Saxby at SEPL for additional information. email@example.com.