Sonangol Okays Cobalt's Offshore Angola Plans



Sonangol has approved Cobalt International Energy’s drilling plans for the Cameia-1 and Bicuar-1 pre-salt exploratory wells on Block 21 offshore Angola.

Given the proximity of the well locations, Cobalt plans to drill the surface hole of Bicuar-1, move the rig to Cameia-1 to drill and evaluate the prospect, then return to Bicuar-1 to drill the well to total depth. The operator anticipates that exploratory drilling will commence in second quarter 2011. Cameia is located in a water depth of 5,577 feet (1,700 meters) and Bicuar lies in 5,085 feet (1,550 meters).  

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