Congo
Following the tests on well 405, in the M’Boundi field, with a 40/64’’ choke, Maurel & Prom announces a flow of 2 450 b/d. This result, one of the best obtained on the western edge of the structure raises the hope of a new drilling platform in this area, to drill productive wells to compensate for the natural depletion of the reservoir.
Maurel & Prom confirms that the drilling planned on Loufika will begin early in July 2006, with a result expected in mid-September.
Gabon
The ONAL 4 well has entered a collapsed compartment and has therefore not shown any evidence of oil. A more comprehensive interpretation will be possible as soon as the 2D seismic results undertaken in this area are known.
The tests on the ONAL 5 well with a 32/64’’ choke were positive and have given a flow of 950 b/d. This well confirms the eastern limit of the structure discovered by ONAL 2 and ONAL 3 at the center and bordered by OZO 1 to the North West.
Following these favorable results, Maurel & Prom has commissioned Radar Technologie France (RTF) to carry out the topographical survey of the pipeline to carry away the field's production.
A development plan is to be put to the Gabon authorities in July. Drilling of the ONAL 6 well to the South of the structure is planned for July 2006 to assess the already proven reserves.
