Assala Energy has reported a hydrocarbon encounter at its Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, delivering what the company described as encouraging early results from a drilling programme that also included a subsequent sidetrack into the adjacent Atora Licence.
Preliminary analysis of data acquired during drilling indicates the presence of approximately 8 metres (26 feet) of hydrocarbon-bearing pay within the Gamba Sandstone formation, a key reservoir unit in the basin. Both Magoga wells drilled the full reservoir interval and completed operations in compliance with applicable operational, environmental and safety standards.
The company said additional technical work will be required to evaluate the discovery fully. Ongoing studies will focus on reservoir properties, fluid characteristics, and potential resource volumes to determine possible next steps, including any further appraisal activity. No determination has yet been made regarding the commercial viability of the discovery, and no development decision has been taken.
Timothée de Reynal, Subsurface Director at Assala Energy, said the result “adds to our understanding of the basin’s prospectivity” and that the immediate focus would be on completing a thorough technical evaluation of the well data. Assala said it will continue working with regulatory authorities and relevant stakeholders as it progresses the evaluation.
Sources: worldoil.com | energy-pedia.com