Angola: Production Testing in Progress at Castanha-1

Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.

Production testing is currently in progress on the Castanha-1 exploration well. The Operator has advised that an initial test recovered 400 BBLs of 33º API oil to surface from a 4 meter test interval (between 2,217 mBRT and 2,221 mBRT) in the pre-salt Chela Formation, which was reported as a maximum flow rate of 2,275 BOPD through a 5/8 inch choke. As previously advised, the well encountered a gross hydrocarbon column of approximately 15 meters between 2,214 mBRT and 2,229 mBRT.

Production testing is continuing and a full evaluation of results will be required before the potential of the discovery can be determined.
Participating Interests in the Cabinda Onshore South Block are:

  • Pluspetrol Angola Corporation (Operator); 45%
  • Force Petroleum de Angola, S.A.; 20%
  • Sonangol P&P; 20%
  • Lacula Oil Company Limited (ROC); 10%
  • Cuba Petroleo; 5%
     
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