Good catch: off Nigeria
Afren shores up Ebok cache
Following an independent assessment UK-based Afren announced that its Ebok field off Nigeria has confirmed proved plus probable reserves of 148 million barrels of oil for the FB1 and FB2 areas of the field.
The outfit said that recoverable reserves have been calculated at 41.2 million barrels.
An additional 21 million barrels of oil of contingent reserves and 33 million barrels of prospective resources have been assigned to other areas of the field including Ebok West and Ebok North fault blocks.
“The exceptional results from the Ebok appraisal drilling, well ahead of pre-drill expectations, confirm a material 52 million barrels recoverable oil development with upside potential of up to 106 million barrels,” Afren chief executive Osman Shahenshah said today.