Appraisal and development

 


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Proven track record of execution and delivery

We achieved a 100% appraisal drilling success rate at the Ebok field in 2009, successfully proving up incremental reserves in the Central Fault Blocks, West Fault Block and Southern Lobe areas of the field. Development work at Ebok commenced in November 2009, keeping us on track for first oil in October 2010.

Recognising the substantial oil potential that exists in the area surrounding Ebok, we have expanded our regional footprint with the acquisition of interests in the Okwok field (located 16 km east of Ebok) and the surrounding OML 115 acreage. We have now established a sizeable acreage position in this prolific part of the offshore Niger Delta with near-term development, appraisal and exploration upside.