Burren Energy Finds New Oil Play in Congo
This discovery of an entirely new play, which has the possibility to extend throughout the Congolese coastal basin (i.e. the Kouilou and La Noumbi license areas), was made in the upper pre-salt layers. Additional works on both these two licenses will be undertaken to further explore this new play.
A new exploration well "Loufika Deep", having the conventional Vandji reservoir as objective, will be spudded once the testing of the current Loufika well is completed."
Burren has a 35% interest in the Kouilou exploration license.
Atul Gupta, Chief Executive Officer, commented:
"This result is very pleasing and highlights the exploration potential of our Congo assets. We will now work with the operator to appraise this shallow discovery whilst proceeding with exploration of the deeper Vandji reservoir."
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