Wawa-1 offshore Ghana discovers hydrocarbons

Anadarko Petroleum Corp.’s (NYSE: APC) Wawa-1 exploration well in the Deepwater Tano block offshore the Republic of Ghana, discovered approximately 43 net ft (13 m) of oil pay and 65 net ft (20 m) of gas/condensate pay in Turonian-aged reservoirs.

Offshore staff

HOUSTON –Anadarko Petroleum Corp.’s (NYSE: APC) Wawa-1 exploration well in the Deepwater Tano block offshore the Republic of Ghana, discovered approximately 43 net ft (13 m) of oil pay and 65 net ft (20 m) of gas/condensate pay in Turonian-aged reservoirs.

Samples from the well show the oil is of good quality, between 38º and 44ºAPI, and pressure data indicate the discovery is separate from the adjacentTEN (Tweneboa, Enyenra, and Ntomme) complex.

The Wawa-1 exploration well is in 1,926 ft (587 m) of water. The well was drilled to a TD of 10,899 ft (3,322 m). Once operations are complete, the well will be suspended for possible future use in appraisal and development operations.

Anadarko has an 18% working interest in the Deepwater Tano block. Partners in the block include Tullow Oil plc (49.95% working interest and operator), Kosmos Energy (18% working interest), Sabre Oil & Gas Holdings Ltd (4.05%), and the Ghana National Petroleum Corp, (10% carried interest).

7/18/2012

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