BP makes sixth find on Block 31 off Angola

BP Exploration (Angola) Ltd. has made its sixth deepwater discovery on Block 31, 170 km off Angola and 31 km northwest of the recent Palas discovery (OGJ Online, Feb. 15, 2005).

April 1, 2005

By OGJ editors

HOUSTON, Apr. 1 -- BP Exploration (Angola) Ltd. has made its sixth deepwater discovery on Block 31, 170 km off Angola and 31 km northwest of the recent Palas discovery (OGJ Online, Feb. 15, 2005).

On test, the Ceres-1 well, drilled to 4,334 m TD in 1,633 m of water, flowed at a maximum rate of 5,644 b/d of oil through a 44/64-in. choke.

Ceres, the second discovery in the southeastern portion of Block 31, is 32 km southeast of the planned Northeast Development Area,- where four discoveries were made.

BP operates the block with a 26.67% interest.