Logging Operations Underway on Tevet-2 Offshore Mauritania

ROC reports that the Tevet-2 exploration-appraisal well located in PSC B offshore Mauritania has reached a depth of 2,785 meters measured depth below rotary table and logging operations are underway.

The well has drilled through the Miocene channel sand system which constitutes the shallower of the well's two objectives. The well will now be deepened to test a separate Cretaceous target with a planned total depth of approximately 3,965 meters.

Preliminary information from drilling and log results to date suggest that the well has encountered hydrocarbon-bearing sands in a sequence that bears comparison to the equivalent channel section drilled by the 2004 discovery well (Tevét-1) approximately 3km to the north.

Further comment regarding the significance of Tevét-2 cannot be made until additional information being acquired has been analyzed and completed.

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