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Chevron Commences Drilling of Obo-1 Well

14th January, 2006

hexgear

Afren announces that Chevron, the Operator of Block 1 of the Nigeria - Sao Tome and Principe Joint Development Zone ('JDZ') has confirmed that it has commenced drilling of the first exploration well on this licence on 14 January 2006. The Obo-1 well is located in approximately 1,750m of water (5,750 ft) and should be completed in approximately 60 days, assuming no technical challenges are encountered during the drilling operation. The well is being drilled by the Deepwater Discovery Drillship, which is contracted to Chevron by Transocean.

Asset: Obo Source: http://www.infield.com/rigs/ne...

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