DOR Doriemus

 
TIDMDOR 
 
31 October 2013 
 
                                 Doriemus Plc 
 
                         ("Doriemus" or the "Company") 
 
                            Lidsey Oilfield Update 
 
Doriemus Plc (AIM: DOR) is pleased to announce that it has now entered into the 
farm-in and the Joint Operating Agreements with Angus Energy Weald Basin No. 3 
Limited ("Angus Energy") for the producing onshore Lidsey Oilfield ("Lidsey") 
in West Sussex, the terms of which were set out in the announcement dated 18 
October 2013. Accordingly, Doriemus now owns a participating 10% interest in 
Lidsey. 
 
Doriemus has a 60 day first right of refusal period to negotiate increasing its 
participating interest in Lidsey to 25%. 
 
Angus (90% interest and operator) and Doriemus (10% interest) are planning a 
rework and recompletion programme on the Lidsey-1 producing well in order to 
increase its overall production. 
 
The Lidsey Oilfield is held under United Kingdom Production Licence PL241 which 
was granted on 2 December 1983. Oil was discovered on Lidsey in 1987 by Carless 
Exploration when an exploration well successfully flowed oil. Lidsey has one 
vertical producing well in the Jurassic, Great Oolite reservoir which has 
produced an average of 25 bopd of 38 API oil over the past 12 months. The 
Lidsey surface facilities are fully permitted and operational with onsite oil 
storage of 2,000 barrels. 
 
For further information please contact: 
 
Doriemus plc 
Donald Strang                                          +44 (0) 207 440 0640 
Hamish Harris 
 
Sanlam Securities UK Limited 
(Nominated Adviser and Broker) 
Simon Clements/Virginia Bull                           +44 (0) 207 628 2200 
 
 
 
END 
 

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