CI-105 Offshore Well Found to Be Water Bearing

Source: www.gulfoilandgas.com 10/14/2009, Location: Africa

Tullow Oil plc announces that the South Grand Lahou-1 well encountered the targeted reservoir sands on prognosis but found them water-bearing at that location.

South Grand Lahou-1 wildcat result
The South Grand Lahou-1 wildcat has been drilled offshore Côte d’Ivoire in the CI-105 licence. It encountered the targeted reservoir sands on prognosis but found them water-bearing at this particular location. However, the data gained will provide valuable proprietary insights into the ongoing prioritisation of the numerous Jubilee-type prospects in the Equatorial Atlantic inventory.

South Grand Lahou-1 was drilled by the Belford Dolphin drillship to a depth of 4,556 metres in a water depth of 1,876 metres.

Tullow has a 22.368% interest in the CI-105 licence and its partners are Anadarko Petroleum Corporation (Operator, 50%), Thani Côte D’Ivoire (12.632%) and the Societé Nationale d’Opérations Pétrolières de Côte D’Ivoire (Petroci) (5% plus a 10% carried interest).

Commenting today, Angus McCoss, Exploration Director, said:
“The South Grand Lahou-1 wildcat follows a remarkable opening run of 10 successful exploratory wells in our Equatorial Atlantic licences. This well found the reservoirs to be water-bearing at this location but provides critical knowledge to guide the forward programme which targets a number of Jubilee-like prospects in this exciting play fairway.”


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