UK Energy Systems Completes Successful Testing Of First Well In Ebberston Moor Gas Field

New York City and North Yorkshire, England — U.S. Energy Systems, Inc. and its UK Energy Systems, Ltd. (UKES) subsidiary recently announced that UKES has successfully completed and tested its Ebberston Moor-1 Appraisal Well, the first of three planned wells in the undeveloped Ebberston Moor gas field. Ebberston Moor is the largest of six fields in UKES's North Yorkshire gas development project. UKES also announced that it has completed its 3D seismic acquisition over the Ebberston Moor field, and expects to have the processed survey data in three to five weeks, at which point it will begin analysis and interpretation of the data.

"We are excited by the test results of our first well in our largest gas field," said Grant Emms, CEO of UKES. "It's an excellent start toward full development of Ebberston Moor. We look forward to completing the 3D seismic data processing and analysis, which we expect to provide very important information with respect to the field's reserves as well as the most advantageous locations for further drilling."

UKES completed drilling EB-1 on March 12, after which the well was cased and a completion string was run. Testing operations began on March 31 and were completed on April 7.

The primary reservoir was drilled to a total depth of 7,150 ft measured depth (5,341 ft total vertical depth subsea). Through inferences of the petrophysical interpretation, the logs estimated a gross column of 341 ft.-361 ft. and an estimated net pay column of approximately 116 ft.-123 ft. Moreover, the test required no stimulation of the reservoir formation for gas flow. The well was cleaned up and flow tested over a five day period at a maximum flowing wellhead pressure of 1,440 psi, achieving a stabilized rate of 5 mmscfd. All data acquisition planned for the test was successfully obtained.

In addition to the primary reservoir, a secondary reservoir was identified with a gross column of 177 ft. A 78 ft. section of this interval was tested in an offset appraisal well, and was found to have an average twenty-four hour equivalent flow rate of 1.32 mmscfd.

USEY's UK natural gas exploration and production growth strategy includes the full development of proved and probable gas fields, the construction of a pipeline connection to the natural gas grid, as well as 3D seismic covering UKES's North Yorkshire fields and prospects.

USEY is a "clean and green" energy company that owns and operates renewable energy, clean energy and power generation businesses in the U.S. and UK.

Additional information is available on the Company's website at: http://www.useyinc.com.

SOURCE: U.S. Energy Systems, Inc.