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AfrOil                                      NEWS IN BRIEF                                              AfrOil









       UPSTREAM
       Victoria Oil & Gas

       issues update on
       Logbaba well La-108


       Victoria Oil & Gas, the Cameroon based gas
       and condensate producer and distributor, has
       provided an update on the Logbaba well La-108,
       onshore Cameroon.
         Perforations have been successfully added to
       well La-108 safely and under budget
         As a result, an additional 42 metres of net pay
       has been added in the Upper Logbaba Forma-
       tion in the well
         In the first few days of production, the well
       has supplied up to 5.7 mcf per day of produc-  water depth and is planned to be drilled to a  commented: “Importantly, the initial processing
       tion (all that has been needed), with a flowing  depth of approximately 3,400 metres. The drill-  results of the seismic acquisition has produced
       wellhead pressure of over 200 barg (a unit of  ing campaign is expected to take approximately  high quality data revealing a variety of structural
       pressure)                           30 days.                             and stratigraphic features providing for a target
         Additional perforations have been success-  The well is designed to drill into a series of  rich environment for the upcoming drilling pro-
       fully added to well La-108, with operations car-  vertically stacked targets with a combined  gramme. The early indications from the prelim-
       ried out safely and under budget, despite several  estimated recoverable, prospective resource  inary seismic processing are very encouraging
       periods of thunderstorms with nearby lightning  of 1.118bn barrels (arithmetic sum of the Best  and particularly the strong amplitude anomalies
       strikes, during which operations were sus-  Estimates, un-risked, 559mn barrels net to FAR)  observed in the Muzarabani structure and along
       pended. Because of the depth and pressure dif-  and FAR calculates the chance of geological suc-  the basin margin fault. While we look forward to
       ference between the upper and lower sands of the  cess for the various horizons to range from 7%  the final processed products and interpretation
       Logbaba Formation, it is traditional to perforate  to 36%.               of the entire CB21 Survey which will also ena-
       the Logbaba wells in two or more stages to avoid   The targets are: Bambo (S390 & S400), two  ble better characterisation of the primary Upper
       excessive differential pressures in the wellbore.  shallower horizons not previously intersected;  Angwa target in the Muzarabani prospect, these
       A further 42 metres of net pay has been added  Soloo (S410 & S440), the extension of the hydro-  initial results are encouraging as we progress
       in the Upper Logbaba Formation in well La-108  carbon-bearing reservoirs in the adjacent Sango-  with the selection of optimal drilling locations
       as a result of the recent perforations, adding to  mar oilfield, Senegal; Soloo Deep (S552 & S562),  for the upcoming drilling campaign scheduled
       the 30 metres of net pay that was perforated in  two additional horizons, also not previously  for H1-2022.”
       November 2020 and put on production in Feb-  penetrated. (Soloo Deep has a lower chance of   The Cabora Bassa Project encompasses the
       ruary, 2021.                        success but higher potential volumes.)  Muzarabani Prospect, an 8.2 trillion cubic feet
         Well La-108 was shut in on June 9, 2021, to   FAR Ltd, November 15 2021  (232.2bn cubic metres) and liquids rich conven-
       perform a pressure build-up (PBU), and the                               tional gas-condensate target, which is potentially
       shut-in wellhead pressure (SIWHP) had built   Invictus Energy reports    the largest, undrilled seismically defined struc-
       up to 229 barg at the commencement of the per-                           ture onshore Africa. The prospect is defined by
       forating operation, and indeed was continuing to   on preliminary seismic   a robust dataset acquired by Mobil in the early
       build up. This compares to an initial SIWHP of                           1990s that includes seismic, gravity, aeromag-
       177 barg on June 10, a day after the well was shut   results at Cabora Bassa  netic and geochemical data. The Company is
       in for the PBU.                                                          advancing the current exploration programme
       Victoria Oil & Gas, November 16 2021  Invictus Energy has provided an update on the  and has completed a new 840-km infill seismic
                                           activities of its 80% owned and operated Cabora  data acquisition campaign to refine drilling loca-
       FAR spuds Bambo-1                   Bassa Project in Zimbabwe.           tions for a planned H1-2022 basin opening drill-
                                              CB21 Seismic Survey Preliminary Results  ing campaign including the Muzarabani-1 well.
       exploration well in Block A2        Encouraging: Following the completion of   Invictus Energy, November 12 2021
                                           the Cabora Bassa 2021 seismic survey in early
       offshore The Gambia                 November, which acquired a total of 839.3 km   Africa Energy provides
                                           of high resolution 2D seismic data, preliminary
       FAR Gambia, a wholly-owned subsidiary of FAR  processing by EarthSignal of selected lines is   update on South Africa’s
       Ltd has commenced drilling on the Bambo-1  demonstrating encouraging results. In addition,
       exploration well in Block A2, offshore The Gam-  the previous survey acquired by Mobil will be   Block 11B/12B
       bia. The Stena IceMax drillship arrived on site on  reprocessed by EarthSignal in conjunction with
       November 12 and after completing preparations  the CB21 Survey to integrate the legacy dataset  Announcing its financial and operating results
       has successfully spudded the well.  and apply insights to the entire Cabora Bassa  for the three and nine months ended September
         The Bambo-1 well is located approximately  Basin.                      30, 2021, Africa Energy provided an update on
       85 km offshore The Gambia, in 930 metres of   Invictus Managing Director Scott Macmillan  Block 11B/12B, offshore South Africa.



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