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12 May 2008 14:20 GMT | more prices >>

Petronas scores off Mauritania



By Upstream staff 

Petronas' partner Roc oil said the venture has indications that the Banda NW ST-1 sidetrack well off Mauritania hit an 85-metre gross gas column and 15-metre gross oil column.

The Banda field lies in about 300 metres of water and spans production sharing contract area A and B.

Roc holds a 3.693% interest in the production sharing contract area B joint venture, along with the operator Petronas Carigali (PC) Mauritania on 53.846%, Tullow Oil on 21.6%, Mauritania Holdings with 11.63% and Premier Oil on 9.231%.

In production sharing contract area A, Roc holds a 4.155% stake, along with operator PC Mauritania on 53.846%, Tullow Oil with 24.3%, Mauritania Holdings on 13.084%, Fusion Mauritania with 3% and FP Mauritania on 1.615%.


08 May 2008 20:19 GMT  | last updated: 09 May 2008 04:06 GMT

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