Perenco Plans Gabon Drilling Program

A three-well drilling program utilizing the Glomar High Island V jackup has been set up to commence operations in June. Perenco will begin on the Andokolo prospect with the drilling of a wildcat well in the Oguendjo Block in the North Gabon Sub-basin. A two-well appraisal program is scheduled to follow. Those wells will be drilled in the new Ompoyi Field discovery to delineate its northern extension and ascertain the dimension of the oil column. When the discovery well Ompoyi-1 was tested in February, it had a flowrate of 6,300 barrels per day of oil from a 361 foot interval in the Eocene Ozouri formation. It was drilled to a total depth of 3,556 feet in 69 feet of water.