Rio Muni oil find adds luster off W. Africa

10/18/1999
Exploration interest is growing off central West Africa with recent announcement of a significant oil discovery off Equatorial Guinea's Rio Muni enclave.The discovery by Triton Energy Ltd. on Block G about 22 miles off the coast flowed 12,400 bo/d from one zone. The operator said the M'bini well, in 2,200 ft of water, might go on line at more than 20,000 bo/d (OGJ, Oct. 11, Newsletter).Analysis of wireline logs and core data indicated a 742-ft gross oil column with 314 ft of net oil-bearing pay in four zones.Triton and Energy Africa Ltd., which last month took a 15% interest with Triton in blocks G and F, plan to start appraisal drilling in fourth quarter 1999 and acquire a 740,00...
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