OML 56 Discovery
Oando Energy Resources Inc. (OER)saw positive initial results from drilling on OML 56. The company said that the EB-4 well, spud in March, was drilled to a total depth of 12,120 ft measured depth to appraise the updip portion of the structure.
During drilling eight new hydrocarbon bearing sands over an interval from 9,667 ft to 11,182 ft were encountered. Each of the eight had an individual reservoir thickness of between 21ft and 110 ft. These sands were in addition to the producing sand target previously encountered in the first well (EB-1).
“We continue to successfully advance our appraisal program in the Ebendo Marginal Field,” said Olapade Durotoye, CEO of OER. “Next steps include further evaluating this positive data and further delineation of the discoveries to assess their size and productive capacity, which we expect to begin in Q4 2012