Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
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Angola: Cabinda Block B – high impact exploration<br />
◦ Strategic Angola entry<br />
Area of<br />
Interest<br />
◦ HoA with GER for 5% interest<br />
◦ Multiple reservoir targets. On trend<br />
with M'Boundi (Vandji play)<br />
◦ 32 wells (1957-1971) without<br />
seismic data; 4 wells tested light oil<br />
(1,000 bopd) and 7 wells with oil<br />
shows<br />
◦ Force Majeure expected to be lifted<br />
in 2007<br />
◦ Unrisked EUR: 250 mmbbls<br />
Cabinda ‘B’<br />
Source: IHS Energy, Company<br />
www.<strong>Afren</strong>.com - October 2007<br />
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