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Afren Discovers Oil in OML 67 - Pall Mall East, London Middlesex England

Afren Discovers Oil in OML 67 -

Published: 29th June 2010

http://allafrica.com/stories/201006290706.html

Lagos — Afren's Ebok Deep exploration well, offshore Nigeria on OML 67, has encountered oil shows in good quality sands according to the company.

The well, the company said was drilled to a total depth of 11,375 ft and results of drilling and wireline logs have shown that the well intersected two sandstone intervals of 370 ft combined gross thickness in the targeted Biafra and Isongo formations.

Afren said that the oil shows provided good indications of oil migration pointing to potential for oil trapped, up-dip from the current well location. The well has demonstrated a working hydrocarbon system in the deeper Biafra and Isongo formations, and excellent quality reservoir sands are present. The well has been temporarily abandoned and will be available to use for further drilling in the area.

Afren plans to follow up the results with further detail technical work, which will be incorporated into the sub-surface model to assist in future exploration of the significant potential that exists in the deeper horizons at Ebok, Okwok, and OML 115, which are contiguous with each other.

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