Afren to extend drilling horizons offshore Nigeria

Afren is preparing to drill two exploration wells offshore Nigeria.

Offshore staff

LONDONAfren is preparing to drill two exploration wells offshore Nigeria.

Offshore lease OML 115, which the company operates in partnership with Oriental Energy Resources, surrounds theEbok and Okwok development area, and is close to the Zafiro complex in Equatorial Guinea.

TheGSF Monitor is likely to spud the first well this spring on the Ufon structure, which is structurally and geologically analogous to the nearby Ebok and Okwok fields but with deeper exploration potential.

Offshore lease OPL 310, operated by Optimum Petroleum Development, is next to the Aje field, which has been declared commercial. The acreage is in an under-explored basin with a proven working hydrocarbon system, and is close to the recently completed West African Gas Pipeline (WAGP), which has the capacity to tie in future gas discoveries.

Afren has identified various prospects in the same Cenomanian, Turonian, and Albian sandstone intervals that yielded discoveries along the West African Transform Margin in Ghana and Côte d’Ivoire. The partners are continuing detailed technical work and well planning ahead of a planned exploration well prior to mid-year.

3/25/2013

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