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FirstAfrica Commences Drilling the EOV-4 Well

Source: www.gulfoilandgas.com 1/17/2006, Location: Africa

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FirstAfrica Oil plc announced the spud of its first well in the East Orovinyare Oil Field (“EOV Field”) offshore Gabon. Further to the announcement dated 10 January 2006, the Company confirms that the Global Santa Fe Adriatic IX jack-up rig is on location and commenced drilling of the EOV-4 appraisal/development well on Saturday, 14 January 2006. The Company expects drilling and testing of EOV-4 to be completed by late February.

EOV-4 will be followed by three additional development wells to be drilled by the Global Santa Fe Adriatic VI jack-up rig which is due to arrive in the field in April 2006. Production is scheduled to commence in the 4th Quarter of 2006. The Company expects to soon announce details relating to the financing of the drilling programme.

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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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