Assala Energy encountered hydrocarbons in an exploration well in Gabon and will now work to interpret well results and additional appraisal activity.
The company encountered hydrocarbons in the Magoga-A exploration well in the Mutamba Iroru license II and subsequent sidetrack into the Atora license in Gabon.
Both Magog wells drilled the full reservoir interval. Preliminary evaluation of data acquired during drilling indicates the presence of 8 m of hydrocarbon within the Gamba Sandstone formation. The company will work to integrate and interpret the well results and assess reservoir properties, fluid characteristics, volumetric potential and possible next steps, including any appropriate additional appraisal activity.
A determination has not yet been made regarding commerciality, and no decision has been taken regarding development.
Assala Gabon holds six onshore production licenses: Rabi Kounga II, Toucan II, Bende M’Bassou Totou II, Koula/Damier, Gamba/lvinga, and Atora II.
