Oil Search Notes Drilling Activities at Yemen Well

AWE reported that as at 06:00 Yemen time (-7 hrs AEST) on August 11, the Jebel Al Milh-1 well was at a depth of 3,677 meters. During the week, the 9-5/8" casing was set at a depth of 3,254 meters and preparations for the setting of a 7" liner to section TD of 3,677 meters are currently underway.

Jebel Al Milh-1 is located 16 kilometers north-northeast of the Al Meashar-1 well, which recently discovered oil in the basement. The primary target is fractured Pre-Cambrian basement.

The participants in Block 7 are:

  • ARC Energy Holdings Ltd 21.25%
  • Oil Search (ROY) Ltd (Operator) 34.00%
  • Kuwait Foreign Petroleum Exploration Co. (Aden) Ltd 21.25%
  • Yemen General Corporation for Oil and Gas 15.00%
  • Mitsui E & P Middle East B.V 8.50%
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