And just in case it has been forgotten, HDR have a significant % in all the mentioned!
In the Southern Mauritania/Senegal region, Dana increased its stake in Block 1
and also reached agreement to add new interests in Block 2 to the north and the
Senegalese St. Louis Block to the south, where new 2D seismic data has recently
been acquired. These strategic steps have been taken ahead of drilling the
first well in Block 1 so that Dana can gain maximum benefit from any drilling
success. The first well in Block 1, to be drilled in the second half of 2005,
will target either the Faucon or Petrel prospects, each of which has the
potential to contain over one billion barrels of oil in place. The final choice
of drilling target will be made around mid 2005 once the results of an ongoing
seabed electromagnetic survey have been fully integrated with 3D seismic data.
Offshore Northern Mauritania, large 3D seismic surveys have been acquired in
Block 8 and Block 7 with the objective of providing the best possible data set
ahead of selecting final well locations for drilling in 2006. In Block 7, the
next well will be pursuing oil and gas believed to lie up-dip and inshore of
the Pelican discovery made at the end of 2003, which is now calculated to
contain up to one and a half trillion cubic feet of gas.
HDR
hardman resources limited
