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Exploration

TULLOWS OWO-1 EXPLORATION well in the Deepwater Tano license offshore Ghana has intersected a significant column of excellent quality light oil, potentially adding a billion barrels of oil equivalent to the resource estimate for the area. Results of drilling, wireline logs and samples of reservoir fluids have established Owo as a major new oil field requiring further appraisal.

p align="left" style="margin-bottom: 0cm;">TULLOWS OWO-1 EXPLORATION well in the Deepwater Tano license offshore Ghana has intersected a significant column of excellent quality light oil, potentially adding a billion barrels of oil equivalent to the resource estimate for the area. Results of drilling, wireline logs and samples of reservoir fluids have established Owo as a major new oil field requiring further appraisal.

VAALCO HAS PROVIDED a further update on the Southeast Etame No. 1 exploration well which, as previously announced, was drilled to a total depth of 2,757 m offshore Gabon encountering approximately five metres of Gamba sandstone section which logged oil full to base.

p align="left" style="margin-bottom: 0cm;">VAALCO HAS PROVIDED a further update on the Southeast Etame No. 1 exploration well which, as previously announced, was drilled to a total depth of 2,757 m offshore Gabon encountering approximately five metres of Gamba sandstone section which logged oil full to base.

CIRCLE OILS AL-AMIR SE-6 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt.

p align="left" style="margin-bottom: 0cm;">CIRCLE OILS AL-AMIR SE-6 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt.

SEA DRAGON HAS provided the following update on its Kom Ombo Operations in Egypt.

p align="left" style="margin-bottom: 0cm;">SEA DRAGON HAS provided the following update on its Kom Ombo Operations in Egypt.

UK-BASED TULLOW Oil is beefing up its East African portfolio, taking 50 per cent stakes in six exploration licences in the Kenyan and Ethiopian sectors of the East African Rift basin.

p style="margin-bottom: 0cm;">UK-BASED TULLOW Oil is beefing up its East African portfolio, taking 50 per cent stakes in six exploration licences in the Kenyan and Ethiopian sectors of the East African Rift basin.

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