Total Makes Angola Oil Discovery

25 October 2009 (Last Updated October 25th, 2009 18:30)

Total subsidiary TEPA, together with Sociedade Nacional de Combustíveis de Angola (Sonangol EP), has discovered oil a block deep offshore Angola. The Gardenia-1 well, which was drilled in a 977m water depth, is the first discovery at Block 17/06. Hydrocarbon reservoirs were found in the

Total subsidiary TEPA, together with Sociedade Nacional de Combustíveis de Angola (Sonangol EP), has discovered oil a block deep offshore Angola.

The Gardenia-1 well, which was drilled in a 977m water depth, is the first discovery at Block 17/06. Hydrocarbon reservoirs were found in the Miocene and Oligocene intervals in the well.

During tests on the Miocene interval, the well generated 4,000 barrels per day (bpd) of 25 API° oil, the company said.

The initial discovery of Gardenia-1 establishes the potential of Block 17/06's north-western area, Total said.

More drilling on the block is scheduled to commence in the last quarter of 2009.

Block 17/06's concessionary is Sonangol EP and the operator is TEPA (Block 17/06) with a 30% interest.

Block 17/06's other stakeholders include Sonangol Pesquisa e Produçäo, which holds 30%, SSI Seventeen with 27.5%, Falcon Oil Holding Angola with 5%, ACREP Bloco 17 with 5%, and Partex Oil and Gas Corporation with 2.5%.