Petroleum Africa: Ayamé-1X Spuds off Cote d’Ivoire

235

African Petroleum saw the Ayamé-1X exploration well, offshore Côte d’Ivoire, spud on April 29 using the Seadrill West Saturn drillship. The well, operated by Ophir Energy, is located on the CI-513 license.

African Petroleum holds a 45% interest in the license, with Ophir Energy holding 45% and PETROCI the remaining 10%.

The Ayamé -1X well will target Santonian and Turonian turbidite channel complexes through a water depth of 2,835 metres, with planned total depth of 5,459 meters. The well is expected to reach TD in approximately 30 days from spud.

Commenting on the news, CEO Jens Pace said: “This is a material milestone for the Company and one which we have been working towards with our partners since Ophir Energy joined the licence in March 2016.  Since this time, the partnership has carried out technical work to decide on the best location for this well.  The Ayamé West prospect that we are targeting has a significant resource number and a commercial discovery will be truly transformational for African Petroleum. We look forward to updating the market with the outcome of this exciting event.”