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Afren uncovers oil pay at Block 1101 onshore Madagascar

16th December 2014

Afren, operator of Block 1101 onshore Madagascar, has completed its drilling and coring operations in the block and discovered two oil-bearing boreholes

Afren, operator of Block 1101 onshore Madagascar, has completed its drilling and coring operations in the block and discovered two oil-bearing boreholes
Drilling at each of the locations successfully completed the respective technical objectives to assess specific aspects of the block’s petroleum systems

A total of four strategic locations on Block 1101, which measures some 11,200 square kilometres, were successfully drilled and cored to an aggregate depth of 2,000-metres with approximately 1,760 metres of core samples recovered.

“We have made good progress on Block 1101 with encouraging results indicating the presence of oil over several zones,” said Toby Hayward, interim chief executive of Afren.

“This underscores the high quality of our East African portfolio and we look forward to working with our partner (Oyster Oil and Gas Limited) to determine the nature and extent of the discovery.”

Drilling at each of the locations successfully completed the respective technical objectives to assess specific aspects of the block’s petroleum systems.

Two core holes were drilled to depths of 650 metres and 500 metres adjacent to the 1902 coal borehole (Ankaramy-1) which had reportedly encountered “hydrocarbon shows”.

Cores recovered from both locations indicated the presence of hydrocarbons and potentially good reservoir quality over multiple zones.

Early indications provide further evidence of at least three different source rocks working across the block in Triassic, Jurassic and Cretaceous zones. Further detailed analysis of the cores will be undertaken in Q1 2015 to confirm the nature and extent of the hydrocarbons.

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