ANADARKO ANNOUNCES FIRST DEEPWATER DISCOVERY OFFSHORE MOZAMBIQUE

ANADARKO ANNOUNCES FIRST DEEPWATER DISCOVERY OFFSHORE MOZAMBIQUE

Anadarko Petroleum Corporation today announced the Windjammer exploration well in the frontier Rovuma Basin offshore Mozambique has reached an intermediate casing point and encountered more than 480 net feet of natural gas pay in high quality reservoir sands, with a gross column of more than 1,200 feet. To date, this well has tested one of the seven identified play types in Anadarko's operated acreage offshore Mozambique. Full text

Tullow Oil with Successful Ebony-1 exploration well offshore Ghana

2008.11.21 - Field Development

Tullow Oil plc (“Tullow”) announces that the Ebony-1 exploration well, located in the Shallow Water Tano licence offshore Ghana, has intersected two hydrocarbon bearing intervals in Late Cretaceous turbidite sands.

Ebony-1 spudded on 22 October and reached a total depth of 2,640 metres. The well lies in the south-west part of the Shallow Water Tano block in 86 metres of water and is the second commitment well in this licence.

Successful logging and sampling operations have confirmed a four metre oil bearing interval at 2,053 metres and a two metre high-pressure gas-condensate interval at 2,570 metres.

Log and sample data from the high-pressure gas-condensate sands and a regional seismic interpretation, indicate there may be a connection between these pinched-out sands and the material down-dip Tweneboa oil prospect which lies mainly in the Deepwater Tano licence. Other possible interpretations for the high-pressure cannot however be excluded at this stage, and this is subject to ongoing evaluation.

Tullow (31.5%) operates the Shallow Water Tano licence on behalf of partners Interoil (31.5%), Al Thani (22.5%), Sabre Oil and Gas (4.5% carried) and GNPC (10% carried).




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