Maurel et Prom : Consequences of the drilling of HRT/GALP ENERGIA in Namibia
(Thomson Reuters ONE) -
Paris, 21 May 2013
N° 11-13
Consequences of the drilling of HRT/GALP ENERGIA in Namibia
-
The drilling of the WINGAT-1 well, drilled by HRT and GALP ENERGIA on the PEL
23, encountered carbonate reservoirs, which constituted its main aim, with much
less developed quality than expected. The well highlighted the presence of light
oil in sandy reservoirs as well as two types of source rock located in the oil-
generating window, which is a very encouraging indicator for this zone.
The next drilling of Murombe-1, which HRT will start on this block, aims at
sandy turbidites for which the entrapment of hydrocarbons presents a lower risk
than in the case of carbonates encountered during the drilling of the Wingat-1
well.
This second prospect is next to the block 2212B for which Maurel & Prom are the
operators with 37% interest. The topics of this exploration also extend to the
other blocks held at 37% by Maurel & Prom, namely blocks 2413A, 2313B and
2313A. The result of the Marombe-1 well will thus have great importance in
consolidating the Group's exploration potential in this country.
Maurel & Prom and its partners await the results of the interpretation of the
seismic 2D as well as the results of this drilling in order to outline a 3D
seismic campaign, and then possible exploration drillings.
For more information: www.maureletprom.fr
Communication:
INFLUENCES
Phone: +33 1 42 72 46 76
Email: communication(at)agence-influences.fr
This document may contain forward-looking statements regarding the financial
position, results, business and industrial strategy of Maurel & Prom. By nature,
forward-looking statements contain risks and uncertainties to the extent that
they are based on events or circumstances that may or may not happen in the
future. These projections are based on assumptions we believe to be reasonable,
but which may prove to be incorrect and which depend on a number of risk factors
such as fluctuations in crude oil prices, changes in exchange rates,
uncertainties related to the valuation of our oil reserves, actual rates of oil
production and the related costs, operational problems, political stability,
legislative or regulatory reforms, or even wars, terrorism and sabotage.
Maurel & Prom is listed for trading on Euronext Paris - Compartment A - CAC® Mid
60 - SBF120® - CAC® Mid & Small - CAC® All-Tradable - CAC® All-Share
ISIN FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA
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Source: Maurel et Prom via Thomson Reuters ONE
[HUG#1703527]
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Datum: 21.05.2013 - 21:01 Uhr
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