re: Ann: SEYCHELLES SIGNS FINAL APPROVAL FOR ... From Afren...

re: Ann: SEYCHELLES SIGNS FINAL APPROVAL FOR ... From Afren website.
27/ 3/ 2014


In 2013, Afren completed a major 3D seismic programme, the first 3D survey to be conducted in the Seychelles, of two surveys in
Afren’s licence areas. The first 3D survey was in the southern portion of the licence over the Bonit prospect and covered 600 km2
.
The second survey was in the northern section of the licence area and covered an area of 2,775 km2 Interpretation of this new 3D
seismic is underway. Early results have confirmed pre-3D prospectivity in the southern deep water portion of Area A1.

2014 outlook
Results from the northern deep water 3D are expected imminently and will be evaluated in conjunction with the southern deep
water 3D ahead of planned exploration drilling.
Gross un-risked prospective resources for the two areas are estimated at 2,994 mmboe