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Anglo African Oil & Gas Plans To Bring Djeno Reservoir Into Production

Mon, 05th Aug 2019 15:39

(Alliance News) - Anglo African Oil & Gas PLC on Monday outlined its plans for its Tilapia oil field in the Republic of the Congo which aim "to bring the Djeno reservoir into production".

Anglo African O&G will re-enter well TLP-103C and then drill a sidetracks just underneath the Mengo horizon. This sidetrack will first deviate away from TLP-103C "for a short distance" before it continues downwards vertically.

This strategy is intended to stop the sidetrack, known as TLP-103CST1, moving too far from the initial location where positive results have already been logged.

TLP-103CST1 will intersect Top Djeno vertically before continuing into Middle Djeno - below the total depth of TLP-103C. One Middle Djeno is tested, Anglo African O&G will decide whether it is possible to bring Djeno "into production from either horizon".

Alongside all of this, Anglo African O&G will also be performing "limited but necessary" upgrades to its topside facilities so as to make sure it can produce from the well after testing.

Shares in Anglo African O&G were up 1.8% at 4.78 pence on Monday afternoon.

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Anglo African Receives Better Funding Offer From European High Growth

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28 Jun 2019 15:17

UPDATE: Anglo African Oil & Gas Gets Further Congo Reimbursement

(Alliance News) - Anglo African Oil & Gas PLC on Friday said it has received a further USD850,000 from the Republic of the Congo's national oil company.The funds are for of costs in

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28 Jun 2019 11:15

Anglo African Oil & Gas Shares Drop As Loss Widens On Impairments

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21 Jun 2019 15:58

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7 Jun 2019 12:14

Anglo African Reports Delay In CPR Publication For Tilapia Oil Field

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7 Jun 2019 07:57

Anglo African reassess Tilapia plan following success at TLP-103C

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30 Apr 2019 14:30

Anglo African Oil & Gas Offered New Licence By Congolese Government

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Anglo African Reschedules Tilapia Well Report Over New Oil Findings

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Anglo African Oil & Gas Produces Oil From Well At Tilapia Licence

LONDON (Alliance News) - Anglo African Oil & Gas PLC said Friday it encountered oil from its recently drilled TLP-103C well at the Tilapia licence in the Republic of the Congo.Shares in

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