Perenco has hit oil at an additional exploration target in an identified deeper pre-salt structure\u00a0located in the Vandji sandstones, Tchibeli NE, encountered an oil column of 75 metres. The target was\u00a0 part of a two Tchibeli NE development production wells which were brought online last week according to JV partner PNGF Sud.<\/p>\n
PNGF says the Vandji exploration target is currently flowing 37 API oil at 1,300 bopd. Results from the well will be evaluated to understand the future potential of this discovery. The second well is currently flowing 38 API oil at circa 2,500 bopd from the Cenomanian, expected to increase in the coming week.<\/p>\n
PetroNor holds an indirect ownership interest of 16.83 per cent in PNGF Sud in Congo.<\/p>\n
\u201cWe are pleased to see that the infill drilling programme is progressing well and is yielding even better results than expected and a new discovery.,<\/em>\u201d says interim CEO Jens Pace.<\/p>\n Meanwhile, PetroNor reports November production was significantly better than expectations having brought onstream the last two of the four planned Litanzi wells in August with daily production averaging more than 7,870 bopd in the past two months.<\/p>\n