Area Drilling

CameroonAddax Petroleum Cameroon Ltd. and Tullow Cameroon Ltd. signed a concession on the Ngosse block in the Rio del Rey basin near Nigerian waters.The 474 sq km, shallow water block consists of the former MLHP-9 and PH-48a blocks previously operated by Shell's Elf and Pecten units.The companies plan to confirm the commerciality of the Narendi, Odiong, and Oongue discoveries and evaluate other prospects, Tullow said. They will acquire 200 sq km of 3D seismic data in early 2003. Two commitment wells are set for 2004. Interests are Addax 60% and Tullow 40%.Tullow said shallow deltaic Miocene targets and deeper Eocene turbidite plays are present. Miocene fields have been exploited in Ca...

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