2012-01-04

Svenska hits oil with first pre-salt well in Angola

Svenska Petroleum Exploration (Svenska) has, together with concessionaire Sonangol and partners Sonangol P&P and Maersk Oil (being operator), successfully completed drilling the Azul-1 exploration well in the Angolan pre-salt Kwanza Basin with positive results.

Azul-1 is the first ever deep-water well targeting pre-salt reservoirs in the Kwanza Basin and it is the first well in Block 23. No full-scale production test was conducted but a substantial evaluation program was carried out, including a positive downhole flow test, during which good quality oil samples were recovered. The flow capacity of the well is estimated to be in excess of 3000 barrels of oil per day.
Fredrik Öhrn, CEO of Svenska, says: We are extremely pleased by the results of this first pre-salt exploration well in this region. Svenska has been active in Angola since 1985, and looks forward to a continued successful future in the country.
The...