Gas Shows Encountered at Heron-1

CNPC Says the Heron-1 well has encountered fluorescence over a gross interval from 1811 1875 meters and gas shows (C1-C5) over a gross interval from 1857 1875 meters in interbedded sandstones and shales.

The shallowest objective for Heron-1 is at approximately 2200m in Cenomanian sandstones and a deeper objective is at approximately 3600m in Aptian sandstones and limestone (see Figure 2).

The Total Depth (TD) of the Heron-1 well is proposed at 3800m.

The drilling of exploration well Heron-1 is expected to take approximately 3 months to complete to a depth of 3,800m and will include four casing strings.

Heron-1 is located in Coastal Block 20 onshore Mauritania. CNPCIM is a wholly owned subsidiary of CNPC International Limited (CNPCI) and is Operator of Block 20 with 65% interest. Baraka Petroleum's interest in Block 20 is 35%.


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