Kosmos Energy's Makore-1 Well Extends Turonian Play Fairway To Eastern West Cape Three Points Block Offshore Ghana

abarrelfull wrote on 15 Jul 2011 05:30
Tags: ghana kosmos tullow upstream

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Kosmos Energy (NYSE: KOS) announces today that the company's Makore-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana encountered 37 meters (121 feet) of good-quality Campanian-age water-bearing sandstone reservoirs and 46 meters (151 feet) of good-quality Turonian-age water-bearing sandstone reservoirs. The Makore-1 well was Kosmos' first well in the southeastern portion of the block. The well explored a stratigraphic trap in a Turonian-age fan system.

The Makore-1 well is located 25 km (15 miles) southeast of the company's Mahogany-1 exploration well that discovered the Jubilee Field. The "Atwood Hunter" semi-submersible rig drilled the Makore-1 well in a water depth of 1,409 meters (4,623 feet) to a total depth of 3,876 meters (12,716 feet). The "Atwood Hunter" will remain on the block to drill the Akasa-1 exploration well, formerly known as the Dahoma Up-dip prospect. The Akasa-1 well is expected to be spudded shortly.

Kosmos is the operator of the West Cape Three Points Block in which the company holds a 30.875% interest. An affiliate of Anadarko Petroleum Corporation has a 30.875% interest; an affiliate of Tullow Oil plc has a 22.896% interest; E.O. Group Limited has a 3.5% interest; Sabre Oil & Gas Holdings Limited has a 1.854% interest; and the Ghana National Petroleum Corporation has a 10% carried interest.

• Kosmos Energy's Makore-1 Well Extends Turonian Play Fairway To Eastern West Cape Three Points Block Offshore Ghana

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