(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.