Dana Commences Drilling Offshore Mauritania

DANA HAS BEGUN drilling the Cormoran-1 exploration well offshore Mauritania, West Africa, just two kilometres southeast of Dana's existing Pelican-1 discovery.

The conductor has been run and Dana has already drilled the 26 inch hole section down to approximately 2,226 m. The current operation is preparing to run 20 inch casing, before drilling ahead.

Cormoran-1 is being drilled by the Maersk Deliverer drilling rig and is located in Block 7 offshore Mauritania. The planned total depth of the Cormoran well is approximately 4,600 m and the well is being drilled in a water depth of 1,632 m.

Cormoran is the largest prospect in Dana's 2010 exploration programme and, based on 3D seismic mapping, has a target reserves range of between 400mn barrels and 780mn barrels of oil equivalent.

Dana holds the largest working interest in this Block 7 Production Sharing Contract area with 36 per cent. The well is expected to encounter three discrete zones of interest between approximately 2,890 m and 4,600 m.

The participating interests in Block 7 are:

  • Dana Petroleum (E&P) Limited (Operator).36.00 per cent

  • GDF SUEZ Exploration Mauritania B.V. 27.85 per cent

  • Tullow Petroleum (Mauritania) Pty Ltd 16.20 per cent

  • PC Mauritania I Pty Ltd 15.00 per cent

  • Roc Oil (Mauritania) Company 4.95 per cent

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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