Ophir Energy Plc Conclusion of Tanzania Drilling (9010S)
December 29 2016 - 2:00AM
UK Regulatory
TIDMOPHR
RNS Number : 9010S
Ophir Energy Plc
29 December 2016
29 December 2016
Ophir Energy plc
("Ophir")
Conclusion of Tanzania Drilling
Ophir and its joint venture partners, BG Tanzania (Shell) and
Pavilion Energy, have concluded the drilling of two exploration
wells offshore Tanzania, safely and on time. The programme
comprised Kitatange-1 in Block 1 and Bunju-1 in Block 4. After
evaluation, Shell, the operator of Blocks 1 and 4, has confirmed
that good quality reservoir was encountered in both wells, however
hydrocarbons were not found.
The Noble Globetrotter 2 rig has been demobilised from site. The
two wells fulfil the final exploration commitments as per the
exploration licences issued by the Ministry of Energy and Minerals
(MEM).
Subsequent to the completion of drilling Kitatange-1, a bridging
licence has been awarded for the existing discovery Locations in
Block 1.
For further enquiries please contact:
Ophir Energy plc + 44 (0)20 7811 2400
Nick Cooper Chief Executive Officer
Bill Higgs Chief Operating Officer
Geoff Callow Head of Investor Relations
Brunswick Group + 44 (0)20 7404 5959
Patrick Handley
Wendel Verbeek
This information is provided by RNS
The company news service from the London Stock Exchange
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