Shell, PanOcean announce oil discovery AWOKOU-1 on Awoun permit in Gabon

Sept. 8, 2004
Shell Gabon, operator of the Koula prospect in the onshore Awoun permit in Gabon, West Africa, discovered light oil with its exploration well AWOKOU-1. The well is 8 km north of the Total ASA-Shell producing Avocette field and 5 km northwest of PanOcean's producing Obangue field onshore, West Africa. Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, UK, is Shell's 40:40 coventurer, with Gabon taking a 20% back-in interest.

By OGJ editors

HOUSTON, Sept. 8 -- Shell Gabon, operator of the Koula prospect in the onshore Awoun permit in Gabon, West Africa, discovered light oil with its exploration well AWOKOU-1. The well is 8 km north of the Total ASA-Shell producing Avocette field and 5 km northwest of PanOcean's producing Obangue field onshore, West Africa.

Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, UK, is Shell's 40:40 coventurer, with Gabon taking a 20% back-in interest.

The Simpler 101 rig drilled the AWOKOU-1 well to 1,926 m TD. The first of a two-well exploration campaign on the permit, AWOKOU-1 found and logged oil in thick Gamba sandstone. The second exploration well, AWODAM-1, will be drilled in October, about 3 km southwest of AWOKOU-1.

AWOKOU-1 currently is being suspended at the 9 5/8-in. casing, and the rig will move to PanOcean's 100%-owned Maghena property, where it will spud a second well, TST-2, on the Tsiengui prospect.

An appraisal of AWOKOU-1 could be drilled as the sixth well in the program sequence around yearend.