Total Makes New Discovery on Block 32 Offshore Angola

Sonangol and Total have made a new oil discovery with the fourteenth exploration well, Alho-1, drilled on Block 32 in the ultra deep waters of the Angolan offshore. The well was drilled by Transocean's semisub, Transocean Richardson.

Drilled in a water depth of 1,607 metres, the Alho-1 well encountered Oligocene oil bearing reservoirs. The well was tested from a selected interval and produced at a rate of 5,400 barrels per day. This discovery is located in the north-eastern part of Block 32, approximately 9 kilometres northwest of the Cominhos-1 discovery made earlier this year. Complementary technical studies are underway to fully evaluate this discovery.

Sonangol is the concessionaire of Block 32. Total holds a 30% interest as Operator. Other partners are Marathon Oil Company (30%), Sonangol E.P. (20%), Esso Exploration and Production Angola (Overseas) Limited (15%) and Galp Exploracao (5%).

The major potential of Block 32 was confirmed by the twelve discoveries achieved between 2003 and 2007. Complementary technical studies are underway to monetize theses discoveries.

Total is present in Angola since 1953 and holds interests in production permits both operated (Block 17) and non operated (Blocks 0 and 14) and exploration permits, two of which it operates (Blocks 17/06 and 32).

Deep-offshore Block 17 is Total's major asset in Angola. It is composed of four major zones : Girassol and Dalia, both in production; Pazflor, in the bidding process before sanction; and CLOV, a fourth major production area based on the Cravo, Lirio, Violeta and Orquidea discoveries, whose development is currently being studied. Future production from these fields will come in addition to the more than 500,000 barrels of oil per day that are currently pumped from Girassol and Dalia structures on the Block 17.

Connected to the Girassol FPSO, Rosa, which came on stream mid-June 2007, should extend the production plateau of this FPSO until the next decade.

Ultra-deep exploration work conducted from 2003 to 2007 confirmed the potential of Block 32. Previous discoveries of Gindungo in 2003, Canela and Cola in 2004, Gengibre and Mostarda drilled in 2005, Salsa, Caril and Manjeric√£o drilled in 2006 and the positive results from the recently drilled wells Louro, Cominhos and Colorau in 2007 confirmed the major potential of the block.

Conceptual development studies are underway in order to establish the feasibility of a first development zone in the eastern part of the block. New studies will soon be launched to evaluate the potential of the other discoveries.

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