The prospect was said to have a fine grain tight carbonate nature, with no sign of a fractured reservoir, as was evident in the Osprey well, drilled to the north in 1972.

Anadarko Petroleum, operator of AC/P27 where Sleeper-1 was drilled, confirmed that the 'Ocean General' drilling rig will move to nearby AC/P25 (Anadarko earning 75%, Daytona Energy 15%, West Oil earning 10%) to begin drilling Sebring-1 well next week. Sebring has potential reserves of 68 million barrels.

The participants in AC/P26, Anadarko (earning 75%), West Oil (12%) and Daytona Energy (12%), will drill Anson North between April and June this year.

The Altostratus-1 well in TP/17 (Strike Oil 90%, West Oil 10%) is slated for the second quarter of this year.