OIL

Mauritanian wildcat comes up dry

IT looks as if the Sotto-1 ST1 exploration well, offshore Mauritania, has failed to find commerci...

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Sotto-1 ST1 in PSC A has reached total depth. Logging is scheduled to take place imminently but the signs are not promising.

“Although wireline logging at total depth is yet to commence, the drill data and measurement-while-drilling log information obtained so far suggest that the well has not encountered any commercially significant hydrocarbons,” Roc chief executive officer John Doran said this morning.

After completing operations at Sotto-1 ST1, the ‘Stena Tay’ rig will move to the next well location in the Mauritanian drilling program, Espadon-1 in PSC-B.

Interests in PSC A and Sotto-1 are: Woodside (operator) 53.846%, Hardman 24.3%, BG Group 13.084%, Fusion/Premier 4.615% and Roc 4.155%.

Participating interests in PSC B include Woodside Group (operator) 53.846%, Hardman 21.6%, BG Group 11.63%, Premier Group 9.231% and Roc Oil 3.693%.

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