Bilabri D3 logs gas sand

Nov. 6, 2006
The appraisal well Bilabri D3 was drilled to a vertical depth of 2,555 m and the C1 primary objective sand was logged as gas-bearing. Operations continue at the well.

Offshore staff

LONDON -- The appraisal well Bilabri D3 was drilled to a vertical depth of 2,555 m and the C1 primary objective sand was logged as gas-bearing. Operations continue at the well.

Peak Petroleum Industries Nigeria Ltd. and Equator Exploration Ltd. are partners in the project.

The existing Field Development Plan calls for three subsea wells to be produced through an FPSO. The signing of a contract with BW Offshore Ltd. for the charter of the FPSOBW Endeavour was announced on Oct. 7, and engineering and procurement are proceeding. First oil is expected in the second half of 2007.

11/06/06