TTA: TOTAL: Ivory Coast: Ivoire-1X Exploration Well on Block CI-100
Encountered a Horizon with High-Quality Oil
UK Regulatory Announcement
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) announces that the Ivoire-1X exploration
well, located in the western portion of Block CI-100 in 2,280meters of water,
encountered 28meters of net oil pay in a series of about 100 meters of
Cretaceous reservoirs. The oil in the abrupt margin geological play is light
Operated by Total E&P Côte d’Ivoire, Ivoire-1X is the first well drilled on
the CI-100block. It was drilled to a total depth of 5,044meters.
The well confirms the extension into Block CI-100 of the already proved active
petroleum system in the prolific Tano basin, home to several fields, including
Jubilee in Ghana.
The data acquired during drilling is being analyzed to develop an appraisal
program for the reservoirs discovered and explore identified prospects further
east in the block, near recent discoveries in Ghana.
Total E&P Côte d’Ivoire operates the block with a 60% interest, alongside
Yam’s Petroleum LLC (25%) and Petroci Holding (15%).
Total Exploration & Production in Côte d’Ivoire
Total also has interests in three other ultra-deep offshore exploration
licenses (CI-514, CI-515, CI-516) in Ivory Coast.
Total is a leading international oil and gas company with operations in more
than 130 countries. It is also a world-class chemical producer. Its 97,000
employees put their expertise to work in every part of the
industry—exploration and production of oil and natural gas, refining and
marketing, new energies, trading and chemicals— to keep the world supplied
with energy, both today and tomorrow. www.total.com
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Tel. : (33) 1 47 44 58 53
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Capital 5914832 865 euros
542 051 180 R.C.S. Nanterre
Robert HAMMOND (U.S.)
Robert PERKINS (U.S.)
Tel. : (1) 713-483-5070
Fax: (1) 713-483-5629
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