Mauritania Drilling Programme Tevét Well Results

Hardman Resources advises that wireline evaluation of the deeper target in Tevét-2 ST1 well indicates the presence of an 8 metre gross oil column within good quality Cretaceous sands. The result demonstrates the presence of a working petroleum system at this level and whilst probably too small to be commercial, upgrades the potential of other Cretaceous prospects in the area.

Logging operations are presently concluding, after which the well will be plugged and abandoned. The ‘Stena Tay’ will then move to the Labeidna prospect in PSC B.

The Tevét-2 well is located 2.5 kilometres to the south of the Miocene discovery well Tevét-1, and lies in a water depth of 466 metres. The Tevét-1 discovery was successfully appraised in an earlier phase of the Tevét-2 well.