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Tuesday, May 21, 2013
The Sipo-1 well onshore Cameroon on the Ndian River Block drilled by Kosmos Energy Ltd. was not a success. The well was targeting the Miocene Isongo Formation and was drilled to a total depth of 1,725 meters.
Oil and gas shows evidenced during drilling indicated a working petroleum system; however, the well failed to encounter commercial reservoirs.
Following the completion of drilling operations, including plugging and abandoning of the well, the rig will be released. Full well assessment and the integration of drilling results into the company’s geologic models is ongoing to determine forward exploration plans on Kosmos’ onshore Cameroon acreage position.
The drilling of the Sipo-1 well fulfilled Kosmos’ program commitment for the Ndian River Block.
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