Pluspetrol Spuds First '09 Well in Cabinda South Block

Lacula Oil Company Limited, a wholly owned subsidiary of ROC, advised that the Castanha-1 exploration well commenced drilling on November 13, 2009.

Castanha-1 is the first exploration well in the 2009 program and is targeting a primary objective in the pre-salt sequence. Consistent with ROC's established practice regarding Angolan drilling activity, the Company will only issue public statements at the beginning and end of each drilling operation.

Participating Interests in the Cabinda Onshore South Block are:

  • Pluspetrol Angola Corporation (Operator); 45%
  • Force Petroleum de Angola, S.A.; 20%
  • Sonangol P&P; 20%
  • Lacula Oil Company Limited (ROC); 10%
  • Cuba Petroleo; 5%

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