Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
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Nigeria: Ofa development<br />
Exploration / appraisal<br />
Date Well Type Operator Result<br />
1970 Ofa-1 Exploration Shell Oil<br />
1998 Ofa-2 Exploration Shell Gas condensate<br />
Ofa-1 Well<br />
Location<br />
◦ Covered by 3D seismic<br />
◦ 8 oil-bearing zones @ 6,670 and<br />
7,280 feet<br />
◦ STOIIP of 75 to 150mmbbl<br />
(Gaffney, Cline & Associates)<br />
◦ Low-cost entry and development<br />
◦ Tie-back to nearby infrastructure<br />
◦ Re-entry well completed: August<br />
2007<br />
Area of<br />
Interest<br />
Source: IHS Energy<br />
www.<strong>Afren</strong>.com - October 2007<br />
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