Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
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Okoro Setu: background<br />
3D view of Okoro reservoir sands<br />
N<br />
1000 m.<br />
Okoro-1 Okoro-3,3ST Okoro-2<br />
3ST<br />
Oil water<br />
contacts<br />
◦ Two hydrocarbon bearing zones<br />
◦ 22°API low GOR crude<br />
◦ Development drilling from Q4<br />
2007<br />
◦ In-place volumes (2P): 115<br />
mmbbls (NSAI)<br />
◦ Recovery Factor of analogous<br />
fields: 45% – 50%<br />
Okoro Setu reserves<br />
mmboe 1P 2P 3P<br />
Approved FDP case 30 42 58<br />
Exploration / appraisal history<br />
Date Well name Well type Operator Result<br />
Jul-73 Okoro -1 Exploration Japan Petroleum Oil<br />
Nov-74 Okoro -2 Appraisal Japan Petroleum Water wet<br />
May-02 Setu -1 Exploration Amni International Oil & gas<br />
Aug-02 Setu -2 Appraisal Amni International Water wet<br />
Sep-06 Okoro -3 Appraisal <strong>Afren</strong> (as tech. serv. provider) Oil<br />
Dec-06 Okoro -3 ST Appraisal <strong>Afren</strong> (as tech. serv. provider) Oil<br />
www.<strong>Afren</strong>.com - October 2007<br />
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