Anadarko Petroleum Corp and Cove Energy have switched their attention to Mozambique’s northern waters after discovering 30 trillion cubic feet of gas off the coast of the country
The partners, who include Mitsui & Co and Bharat Petroleum Corp, recently found 525 feet of natural gas at the Barquentine-4 appraisal well.
“We have now bookended more than 30km of proven gas fairway,” said Cove chief executive officer John Craven.
“We can now look forward to new high-impact exploration drilling in the northern section of the prolific Area 1 Rovuma offshore block.”
Anadarko and Cove announced their plan to move one of the two rigs operating in Mozambique to drill the Atum and Golfinho prospects in the northern part of Area 1.
The East African coast has become a hotbed of gas discoveries in recent months with BG Group and Eni SpA making gas finds in the waters off Mozambique and Tanzania in March.
UK-based explorers Ophir Energy and Premier Oil recently said that they hoped gas fields discovered in Tanzania and Mozambique would extend into their license areas off East Africa, while PTT Exploration & Production and Royal Dutch Shell have both made offers to buy Cove due to its offshore gas discoveries.