(WO) — Assala Energy has encountered hydrocarbons at the Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, according to preliminary results from the drilling program.
The well, along with a subsequent sidetrack into the Atora License, encountered hydrocarbons within the targeted reservoir interval. Early analysis indicates the presence of approximately 8 meters (26 feet) of hydrocarbon-bearing pay within the Gamba Sandstone formation, a key reservoir unit in the basin.
The company said additional technical work will be required to evaluate the discovery. Ongoing studies will focus on reservoir properties, fluid characteristics and potential resource volumes, while also determining possible next steps, including further appraisal activity.
“This result provides encouraging subsurface information from the Mutamba Iroru II & Atora License and adds to our understanding of the basin’s prospectivity,” said Timothée de Reynal, Subsurface Director at Assala Energy. “Our immediate focus is on completing a thorough technical evaluation of the data gathered from the well and determining the appropriate forward work program.”
Both Magoga wells drilled the full reservoir interval and completed operations in accordance with operational, environmental and safety standards, the company said.
Assala Energy noted that further technical evaluation will determine whether additional studies or appraisal drilling will be required. No determination has been made regarding the commercial viability of the discovery.
The company said it will continue working with regulatory authorities and stakeholders as it evaluates the results from the well.
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