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Harvest Commences Drilling on Dussafu PSC

Source: www.gulfoilandgas.com 11/19/2012, Location: Africa

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Harvest Natural Resources, Inc. announced the commencement of drilling operations on the Dussafu Tortue Marin-1 (DTM-1) exploration well located in the Dussafu Marin PSC, offshore Gabon, West Africa. This exploration well will be drilled utilizing the Scarabeo 3 semi-submersible drilling unit owned and operated by Saipem S.p.A. Harvest operates the Dussafu PSC, holding a 66.667 percent interest.

The DTM-1 well will be drilled in a water depth of 380 feet to test stacked post-salt Madiela and pre-salt Gamba and Dentale reservoir targets to a planned total depth beneath sea level of approximately 10,500 feet. Drilling is anticipated to require approximately 40 days. In the event of success, additional time will be required to test and evaluate the well.

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