9th Oct 2018 12:02
LONDON (Alliance News) - Anglo African Oil & Gas PLC said Tuesday that it spud a new well at the Tilapia field, located in the Republic of the Congo.
The TLP-103C well will be drilled to a depth of 2,700 metres and the company expects to complete it drilling and testing in 64 days.
The well is targeting three horizons, the current producing horizon of R1/R2, an appraisal of the Mengo horizon and a deeper exploration prospect in the Djeno horizon, the company said.
Anglo African shares were trading down 2.2% at 9.0 pence.
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