Mozambique Deepwater Discovery
(Thomson Reuters ONE) -
Artumas was today advised that Anadarko Petroleum Corporation has made a
significant gas discovery at its first offshore exploration well location
("Windjammer") in the Rovuma Basin, Mozambique. This is the first well within a
7 well commitment for this concession, and the first of the 4 well offshore
programme schedule for 2010.
Artumas holds a 0.495% royalty interest in profit petroleum related to this
Rovuma Offshore Area 1 Block.
In regards to the discovery Cameron Barton, Artumas CEO said, "this is and
extremely encouraging sign for the Basin, providing strong evidence as to the
significant development potential of the region in the future."
Excerpts from Anadarko release is copied below:
ANADARKO ANNOUNCES FIRST DEEPWATER DISCOVERY
OFFSHORE MOZAMBIQUE
HOUSTON, Feb. 18, 2010 - Anadarko Petroleum Corporation (NYSE: APC) today
announced the Windjammer exploration well in the frontier Rovuma Basin offshore
Mozambique has reached an intermediate casing point and encountered more than
480 net feet of natural gas pay in high quality reservoir sands, with a gross
column of more than 1,200 feet. To date, this well has tested one of the seven
identified play types in Anadarko's operated acreage offshore Mozambique.
"The intermediate results of the Windjammer well are very positive for the
partnership and the people of Mozambique," said Bob Daniels, Anadarko Sr. Vice
President, Worldwide Exploration. "This is true rank wildcat exploration, and to
have our first deepwater exploration well result in a discovery with more than
480 net feet of pay is an excellent indication of the potential of this basin.
The Windjammer discovery de-risks a substantial portion of approximately 50
leads and prospects that we've identified across our 2.6-million-acre position
in the basin."
To date, the Windjammer well has been drilled to a depth of approximately
14,000 feet in about 4,800 feet of water approximately 30 miles east of the
Mozambique coastline. The company anticipates drilling another 4,100 feet in
this well to gain additional geological information prior to reaching total
depth.
After testing the deeper objectives in the well, Anadarko plans to move the
Belford Dolphin drillship to its Collier prospect less than 50 miles
south-southeast of Windjammer. Anadarko also expects to drill two to four
additional exploration wells in the Rovuma Basin this year, with initial well
results from Windjammer and Collier determining which prospects are drilled
next.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1386325]
Press Release 2010 02 18: http://hugin.info/136496/R/1386325/344978.pdf
Unternehmensinformation / Kurzprofil:
Datum: 19.02.2010 - 00:00 Uhr
Sprache: Deutsch
News-ID 12691
Anzahl Zeichen: 0
contact information:
Town:
Calgary, Alberta
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 166 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Mozambique Deepwater Discovery"
steht unter der journalistisch-redaktionellen Verantwortung von
Artumas Group Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
