Continental Focus, International Reach

Afren Sees Platform Jacket Installed at CFBx

Wednesday, November 12, 2014

Afren plc provided an update on its operations in Nigeria on OML 115, which includes the Ebok, Okwok, and Ebok Central Fault Block Extension. The company saw the Ebok Central Fault Block Extension (CFBx) platform jacket installed. The installation of the decks and bridge will complete in early January 2015 once the wellhead jacket at Okwok has been installed; following which Afren and its partner Oriental Energy Resources will commence the hook up and commissioning of the CFBx platform.

The work program at the CFBx will include up to nine new wells to be drilled and brought on-stream by the end of 2015 targeting both producing and undeveloped reservoirs.  Elsewhere at the North Fault Block (NFB), the partners continue to make good progress and are targeting completion of the third new producer by mid-December 2014.  The forward program at the NFB will incorporate up to an additional five wells by year-end 2015.

The partners also began drilling on the Ameena East prospect. The well is being drilled with the Shelf Adriatic I drilling rig.  The Ameena East prospect will be targeting 65 million barrels of gross unrisked resources in zones of prospectivity in the Biafra intervals that are productive north of the acreage, with secondary objectives in the Qua Iboe reservoirs equivalent to those at the Ebok and Okwok fields.  The drilling campaign at Ameena East is expected to be completed in December.

Drilling at the Ebok Deep exploration tail targeting 50 million barrels of gross unrisked resources in the deeper Qua Iboe and Biafra reservoirs is expected to commence in Q4 2014 following the completion of the third new producer at the NFB.

Toby Hayward, Interim Chief Executive of Afren, commented: “With incremental new production to be brought on stream from both the CFB and NFB platforms, as well as from the Okoro FFD, Okwok, OML 26 and OML 113 developments, Afren is expecting to deliver strong production and cash flow growth in 2015 and beyond.  We are pleased to have commenced our drilling campaign at the Ameena East prospect and are excited about the potential there and at Ebok Deep.”

 


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