Continental Focus, International Reach

Drilling Campaign Commences in Equatorial Guinea

Friday, February 2, 2024

Partners in Equatorial Guinea’s Block G commenced a planned three-well infill drilling campaign utilizing the Island Innovator semi-submersible drilling rig. The first new infill well is expected onstream around the end of Q1, with all three wells expected onstream by mid-year.

Partners in the block are Trident Energy (operator), Kosmos Energy, Panoro Energy, and GEPetrol.

According to Panoro, once all three new wells are onstream, gross production is expected to materially increase from average 2023 levels of 25,000 bopd. Numerous ongoing field life extension and asset integrity projects will also continue throughout 2024.

Meanwhile, following completion of the Block G infill drilling campaign, the Island Innovator rig will relocate to Block S where it will drill the Kosmos Energy-operated Akeng Deep infrastructure-led exploration (ILX) well. The Akeng Deep ILX well is intended to test a play in the Albian, targeting an estimated gross mean recoverable resource of ~180 million barrels of oil in close proximity to existing infrastructure at Block G. Other partners in Block S are Panoro Energy, GEPetrol, and Trident Energy are also partnered in Block S.


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