Continental Focus, International Reach

Senegal Appraisal Begins

Tuesday, November 3, 2015

FAR Ltd. reported that Cairn Energy (operator) has commenced drilling of the first well in the appraisal program of the discoveries made offshore Senegal. The three wells SNE-2, SNE-3, and BEL-1 will be drilled back-to-back. Drilling is estimated to be complete in mid-2016.

Both SNE-2 and SNE-3 appraisal wells will be logged, cored and flow tested.

The aim of the appraisal program is to progress towards proving a minimum economic field size for the SNE discovery, which FAR estimates to be approximately 200 million barrels of oil. In addition the BEL-1 will also evaluate the Bellatrix Prospect which lies on the untested Buried Hills exploration play.

For reasons of operational efficiency, the top hole of SNE-3 will be drilled first by the Ocean Rig Athena. The rig will be then be mobilized to the SNE-2 well location where SNE-2 will then be drilled to total depth (TD).  Operations on the top hole of the SNE-3 well and drilling to TD on the SNE-2 well are expected to last about six weeks after which the coring, logging and flow testing program will commence on SNE-2. On completion of the operations on SNE-2, SNE-3 will be re-entered and drilling and evaluation will be carried out before commencement of the BEL-1 well.


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