26th Jul 2006 16:22
Total S.A.26 July 2006 First Oil Discovery in Libya's Block NC 191 Paris - July 26, 2006 - Total (operator, 100%) announces an oil discovery inBlock NC 191 in southwestern Libya, around 800 kilometres south of Tripoli. Thisis the first find in the block, located in the southern Murzuq Basin and awardedto Total in March 2001. Drilled to a total depth of 1,735 metres, the D1 well tested at 675 barrels ofoil per day. Appraisal of the discovery and the potential of the remainder ofthe block is underway. The latest find consolidates Total's position in Libya, where it has been activesince the 1950s. The Group has interests in the main offshore and onshorebasins, operating the offshore Al Jurf field and the Mabruk field in the SirteBasin and holding a working interest in the consortium that operates the ElSharara fields in the Murzuq Basin. ****** Total is one of the world's major oil and gas groups, with activities inmore than 130 countries. Its 95,000 employees put their expertise to work inevery part of the industry - exploration and production of oil and natural gas,refining and marketing, gas trading and electricity. Total is working to keepthe world supplied with energy, both today and tomorrow. The Group is also afirst rank player in chemicals. www.total.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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