HDR hardman resources limited

extracts from roc quarterly update

  1. 3,559 Posts.
    . . . as the Chinguetti Oil Field,
    offshore Mauritania, moves in the
    same direction and . . .
    A prolonged production test of the combined
    appraisal/development Chinguetti-4-5 well, offshore
    Mauritania, recorded flow rates as high as 15,680
    BOPD. As a result the Joint Venture is expected to
    take a decision in the near future as to whether or not
    the field is commercially viable.
    . . . Chinguetti-4-5 encountered 38
    metres of good quality net oil
    pay . . .

    Planning continues for the drilling of the Pelican Prospect in the Dana Petroleum plc
    (“Dana”) operated Block 7 (ROC 2.0%).
    The combined exploration/appraisal well, Chinguetti-4-5,
    encountered 38 metres of net oil pay with generally
    good to excellent reservoir quality within the Chinguetti
    Oil Field. The well is designed so that, subject to
    production test results, it will be completed as a future
    oil producer.
    In deep water offshore
    Mauritania, the Chinguetti-4-5 combined appraisal and development well flowed at rates of
    up to 15,680 BOPD during prolonged production testing. Subject to final interpretation of the
    data recovered from the production test, the flow rates from Chinguetti-4-5 represent a
    potentially significant step towards commercial development of the field.
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