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Caporolo-1 is a step-out exploration well on a separate structure adjacent to, and not part of, the existing Chissonga discovery in Block 16. A production test was conducted with a maximum rate of 3,000 barrels of oil a day (bopd) on a 36/64” choke size. “We are encouraged by yet another success on Block 16. This is a result of our continued commitment to Angola and a further step towards our goal of building up a significant business in the country,” said Anders Damgaard, Managing Director of Maersk Oil in Angola. “The successful results of the Caporolo-1 well warrants additional appraisal and substantial evaluation to determine whether the discovery is large enough to eventually develop,” Damgaard said. The well is located in the western sector of Block 16, some 13 kilometres from Chissonga and 300 kilometres northwest of Luanda. It was drilled in 1,235 metres of water to a total depth of 5,508 metres using the Pride South Pacific semisubmersible drilling rig. Maersk Oil and its partners will continue exploration work on the block based on these encouraging results. Sonangol E.P. is the concessionaire of Block 16. Maersk Oil is operator with 65% with partners Odebrecht Oil and Gas Angola Ltd (15%) and Sonangol P&P (20%). For more information, contact Anders Damgaard, Managing Director of Maersk Oil in Angola, via the Communications department on +45 3363 3744. About Maersk Oil Angola A/S Maersk Oil entered Angola in June 2005, when it acquired a 50% interest and operatorship of Block 16. In November 2006, it acquired a 50% interest and operatorship of Blocks 8 and 23 with Svenska Petroleum Exploration (30%) and Sonangol P&P (20%). Maersk Oil made the Chissonga discovery on Block 16 in 2009 and drilled two further appraisal wells in 2010 and 2011. It increased its share in Block 16 in 2012 after buying Devon Energy’s 15% share. Four more exploration and appraisal wells are planned for 2012 - 2013 for Block 16 and three exploration wells are planned in 2012 - 2013 in Blocks 8 and 23. About Maersk Oil Maersk Oil is an international oil and gas company with operated production of about 625,000 barrels of oil equivalent per day offshore Denmark, UK and Qatar, as well as onshore Kazakhstan. Exploration activities are ongoing in Angola, Brazil, Norway, the US Gulf of Mexico, Greenland and in producing countries. Turning marginal and challenging fields into commercial successes has been the cornerstone of Maersk Oil’s business since 1962. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for Partners and host governments. Maersk Oil and its subsidiary companies are part of the Danish A.P. Moller – Maersk Group. For more information about Maersk Oil, please visit our website at www.maerskoil.com. Maersk Oil, press release |
Maersk Oil strikes more oil in Angola