Oil Search Sees Traces of Oil at Yemen Well

AWE reported that as at 06:00 Yemen time (-7 hrs AEST) on September 8, the Jebel Al Milh-1 well was at the total depth (TD) of 4,227 meters and was preparing to further evaluate the Lam clastic units within the Madbi Formation. Analysis of the log data across a number of intervals within the Lam suggest possible oil saturation. Elevated gas with oil shows were encountered while drilling this unit.

Jebel Al Milh-1 is located 16 kilometers north-northeast of the Al Meashar-1 well, which recently discovered oil in the basement. The Lam Member of the Madbi Formation is a secondary target of the well.

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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