mauritanian drilling update

24 October 2006
Mauritanian Drilling Update: Heron 1 (Block 20)
Australian based oil and gas exploration company Baraka Petroleum Limited (ASX: BKP) has
been provided with an update on the drilling of Heron-1 within Coastal Block 20 in Mauritania by
operator and joint venture partner CNPC International Mauritania Limited (CNPCIM).
This update is as follows:
The land-drilling rig ZJ50LDB operated by drilling operator GWDC (Great Wall Drilling Company)
continues drilling on the CNPCIM operated Heron-1 exploration well in coastal Block 20 onshore
Mauritania, West Africa.
As at 2:00 pm (AWST) on 23 October 2006, the well was drilling at a depth of 599 metres (KB)
and the operation was drilling ahead in 17 ½ inch hole. The 20 inch casing was run and set at
177.2 metres (KB).
The primary objective for Heron-1 is at approximately 2000m in Cenomanian sandstones and a
secondary target at approximately 3600m in Aptian sandstones and limestones.
The Total Depth (TD) of the Heron-1 well is proposed at 3800m.
The drilling of exploration well Heron-1 is expected to take between 70 and 80 days to complete
to a depth of 3,800m and will include four casing strings.
CNPCIM is a wholly owned subsidiary of CNPC International Limited (CNPCI) and is Operator of
Block 20 with 65% interest. Baraka Petroleum’s interest in Block 20 is 35%.