Angola: Production Testing in Progress at Castanha-1
Lacula Oil Company Limited, a wholly owned subsidiary of ROC, has provided an update on activity at the Cabinda Onshore South Block, Angola.
Production testing is currently in progress on the Castanha-1 exploration well. The Operator has advised that an initial test recovered 400 BBLs of 33º API oil to surface from a 4 meter test interval (between 2,217 mBRT and 2,221 mBRT) in the pre-salt Chela Formation, which was reported as a maximum flow rate of 2,275 BOPD through a 5/8 inch choke. As previously advised, the well encountered a gross hydrocarbon column of approximately 15 meters between 2,214 mBRT and 2,229 mBRT.
Production testing is continuing and a full evaluation of results will be required before the potential of the discovery can be determined.
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%