Premier is pleased to provide the following update on drilling operations on PSC-B, Block 4 offshore Mauritania.
Tevét-1 Exploration well
Evaluation of wireline logs, including fluid sampling and downhole pressure measurements, has established that the well intersected a gross gas column of approximately 70 metres above a gross oil column of approximately 44 metres.
The well was drilled at a location to intersect the predicted fluid contacts. The top reservoir, gas-oil contact and oil-water contact were encountered at their predicted pre-drill depths.
The Tevét-1 discovery is located within tie-back distance to the Chinguetti field which is currently being developed.
As planned the well has been plugged and abandoned.
Tiof-3 Appraisal Well
Evaluation of logs acquired while drilling and wireline logging operations, including fluid sampling and downhole pressure measurements, has established that the well intersected a gross oil column of 134 metres, containing several individual sands of variable thickness. The result was in line with pre-drill expectations.
The operator is preparing to sidetrack, core and test the well as planned.