New oil find hit off Angola

Total subsidiary TEPA (Block 17/06) Ltd. and Sociedade Nacional de Combustiveis de Angola (Sonangol) report a hydrocarbon discovery in the northeast portion of deep offshore block 17/06.

Offshore staff

PARIS – Total subsidiary TEPA (Block 17/06) Ltd. and Sociedade Nacional de Combustiveis de Angola (Sonangol) report a hydrocarbon discovery in the northeast portion of deep offshore block 17/06.

Water depth is 445 m (1,460 ft) at the Canna-1 well which tested at more than 5,000 b/d of 33° API oil from a Miocene reservoir.

Sonangol is concessionaire on the block. TEPA is operator with 30% and the other partners are Sonangol Pesquisa e Produção SA (30%), Sonangol Sinopec International Seventeen Ltd. (27.5%), ACREP Bloco 17 SA (5%), Falcon Oil Holding Angola SA (5%), and PARTEX Oil and Gas (Holdings) Corp. (2.5%.

05/06/2011

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