Castanha-2 Appraisal Well, Onshore Angola
Lacula Oil Company Limited, a wholly owned subsidiary of ROC, advises that the Castanha-2 appraisal well has been drilled to a total measured depth of 2,448 metres and has been suspended.
Initial evaluation has indicated that the well encountered a gross hydrocarbon column of 21 metres in the Chela Formation.
Production testing is planned to commence during October after the Castanha-3 appraisal well has been drilled. Castanha-3 is expected to spud in the coming week.
Participating Interests in the Cabinda Onshore South Block are:
Pluspetrol Angola Corporation (Operator).........................45%
Lacula Oil Company Limited (ROC)...................................10%
Force Petroleum de Angola, S.A..........................................20%
Sonangol P&P.........................................................................20%
Cuba Petroleo............................................................................5%
Cormoran-1 Exploration Well, Offshore Mauritania
Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that the Cormoran-1 exploration well started drilling at 2000 hours (Mauritania time) on 18 September. At 0600 hours on 19 September (Mauritania time) the well was drilling ahead at a measured depth of 1,760 metres.
Cormoran-1 is located in Block 7, offshore Mauritania, approximately 2 kilometres southeast of the Pelican-1 gas discovery. The planned total depth of the well is approximately 4,600 metres and the well is located in a water depth of 1,630 metres.
Participating Interests in Block 7 are:
Dana Petroleum (E&P) Limited (Operator).......................36.00%
GDF SUEZ Exploration Mauritania B.V..............................27.85%
Tullow Petroleum (Mauritania) Pty Ltd...............................16.20%
PC Mauritania I Pty Ltd..........................................................15.00%
Roc Oil (Mauritania) Company..............................................4.95%