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mauritanian drilling update

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    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)
    has continued drilling the CNPCIM operated Heron-1 exploration well in coastal Block 20 onshore
    Mauritania, West Africa (see Figure 1).
    As at 2:00 pm (AWST) on the 4th December 2006, the well was drilling ahead at a depth of 2,423 metres in 12 ¼ inch hole.
    Since the last weekly report of the 27th November, the well has encountered some additional fluorescence and gas shows (C1-C4) in limestones at depths of 2100 – 2101 and 2155 - 2157metres. The well is currently drilling in sandstones and shales.
    The next major objective is at approximately 3600m in Aptian sandstones and limestone (see Figure 2).
    The Total Depth (TD) of the Heron-1 well is proposed at 3800m.
    The drilling of exploration well Heron-1 is expected to take approximately 3 months 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%.
    ENDS
 
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