Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that as at 0100 hours (local time) on 28 April 2008, the Banda NW ST-1 sidetrack well offshore Mauritania, drilled by the Atwood Hunter, had reached a Total Depth of 2,934 mBRT. Wireline logs, including sampling and pressure measurement tools, were being run.
Preliminary logging results indicate that the well has encountered oil and gas columns with contacts similar to those seen in the discovery well, approximately 2 kilometres to the east.
Participating Interests in the PSC Area B Joint Venture are ROC Group Companies (3.693%); PC Mauritania I Pty Ltd, the operator, (53.846%); Tullow Oil plc (21.6%); Mauritania Holdings (11.63%); and Premier Oil Mauritania B Limited (9.231%).
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