Oyster to Commence a Multi-Well Coring Program in Block 1101

Source: www.gulfoilandgas.com 7/28/2014, Location: Africa

Oyster Oil and Gas Ltd has been advised by the Operator, Afren PLC that a contract has been awarded to UK based ALS Oil & Gas Group. The contract will include a multi-well coring program in Block 1101, onshore Madagascar including the "twinning" of a reported 1902 "discovery", which was the last well to be drilled on the block. The program is designed to achieve a number of objectives including the recovery of some 2,000m (6,500ft) of core samples.

The Program is scheduled to commence in late August 2014.

Oyster holds a 10% working interest in Block 1101.

Michael Wood, President and CEO commented: "Oyster is excited about the hydrocarbon potential of Block 1101. Several exploration targets have been mapped with mean resource volumes estimated to be greater than 2.2 Billion bbls recoverable (un-risked). The joint venture has been working closely together to define and develop the exploration program for Block 1101 which will include the drilling of a world-class exploration prospect in 2015; the 2014 drilling and coring work forms an integral part of the Block 1101 exploration strategy.

For more information about related Opportunities and Key Players visit East Africa Projects


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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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