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Bowleven Commenced Drilling on Etinde Permit

Source: www.gulfoilandgas.com 5/4/2010, Location: Africa

Bowleven, the West Africa focused oil and gas exploration group listed on AIM, is pleased to announce that it has commenced drilling operations on the Etinde Permit (Etinde), offshore Cameroon.

The IE-3 appraisal well in Block MLHP-7 in the Rio Del Rey Basin is the first well in a multi well drilling programme planned on Etinde during 2010. The jack-up drilling rig, the Noble Tommy Craighead, is on location and the well is expected to spud on or around 7 May 2010.

The objective of the IE-3 well is to further appraise and confirm commerciality of the existing IE gas/condensate field. The well is intended to appraise the extent and communication of the main reservoir Isongo sands updip of the previous wells drilled. In addition, this well will also penetrate the shallower Biafra gas accumulation and target additional deeper Isongo sand reservoirs. A successful conclusion should promote the rapid development of the IE field for condensate production through gas recycling. The previous appraisal well (IE-2Z) tested 31 mmscfd and 3,730 bcpd.

The IE-3 well is to be drilled to an estimated target depth of circa 2,800 metres and drilling is expected to take approximately 60 days (excluding testing).

Kevin Hart, Chief Executive, said:
“The commencement of drilling operations on Etinde marks the beginning of an exciting and potentially transformational period for the company with multiple wells and seismic planned across the acreage. The first well in the campaign, the IE-3 gas/condensate appraisal well, and the later IF-2 oil appraisal well both support Bowleven’s overarching objective of moving hydrocarbons from discovered resources to proven reserves. In addition, following the IE-3 appraisal well, we intend drilling a high impact exploration well on MLHP-5 with the goal of further evaluating the significant exploration potential of the Douala Basin.”

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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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