COP analysts presentation

Not a lot on Senegal.  Here's the relevant bits:

"Moving now to West Africa, last year, we started a four-well exploration program in Angola to test a pre-salt play that was analogous to the Brazilian pre-salt play. Unfortunately, the first well was a dry hole. We are drilling a second well now and we will complete this four-well program in 2015. Now on the other hand, we had a significant success with our exploration drilling last year in Senegal. In fact, we drilled two wells and had two significant discoveries that really open up this basin in the deepwater of Senegal.

The first discovery was the FAN well and it discovered high-quality oil in a Cretaceous stratigraphic trap with about 95 feet of net pay. The second discovery was SNE and it's a different type of Cretaceous play. It's a mixture of a stratigraphic and structural trap. It discovered 120 feet of net oil-bearing sandstone, high-quality oil as well.

So you can see on the map here that we have about 1.8 million acres in this license and we're looking forward to getting back out and testing it this year. In fact, we will be back out there in the fourth quarter with an extensive exploration and appraisal program in Senegal. Now we have 35% equity in this license and we have the option to take over operatorship when this moves to development."

They are sounding keen and keep mentioning operatorship.

H