Ophir Energy secures rig deal in Gabon

oil rigThe drilling of the second well by Ophir Energy in Gabon is expected to commence at Affanga Deep prospect on the Gnondo Block (Image source: Tsuda/Flickr) Ophir Energy has announced that it has signed an agreement to secure a rig for offshore drilling operations in Gabon, which will be expected to commence in Q1 2014

According to a company statement, a total of six firm plus additional contingent locations have been identified.

The programme is scheduled to commence in the West African country in early February next year with the drilling of the first well in the one billion barrels pre-salt Padouck Deep prospect on the Ntsina Block.

The second well is expected to target the Affanga Deep prospect on the Gnondo Block and the third well is likely to be the pre-salt Okala prospect on the Mbeli Block, Ophir Energy said.

Nick Cooper, chief executive officer of Ophir Energy, said, “We are pleased to have secured a rig that enables our 2014 West African drilling programme to commence in early February. This programme will run in parallel with our ongoing drilling activites in East Africa using the Deepsea Metro I drillship. It means that we now have confirmed rig slots secured for our next twelve months of drilling, targeting prospects with unrisked potential that is a multiple of our discovered resource base.”

Ophir Energy also said that it had exited the Marine IX block in Brazzaville-Congo. In Madagascar, Ophir has informed the government of its intentions to relinquish operations and its interest in the Marovoay Block.

Meanwhile, in Somaliland, Ophir Energy has reduced its stake to 25 per cent from 75 per cent by entering into a 50 per cent farm-down agreement in the country’s Berbera Blocks SL9 and SL12, in return for carrying the remaining 25 per cent share forward in a planned seismic programme.

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