African Petroleum Corporation Limited started drilling the Bee Eater-1 well in Block LB-09 offshore Liberia on the 4th January 2013 with Ocean Rig’s semi-submersible rig, the Eirik Raude.

The Bee Eater-1 well is located 9.5 km north west of the 2012 Narina discovery which discovered high quality oil in Turonian reservoirs. The Bee Eater - 1 well will test a potentially westerly extension of the Narina-1 Turonian oil discovery in an axial position of the fan for improved reservoir quality and is located up dip of the postulated Narina -1 OWC.

Mean recoverable un-risked prospective resources for the Bee Eater/Narina fan system, which extends over an area of 300 sq km, are estimated as 840 MMstb and 2396 MMstb for the additional prospects identified on Blocks LB-08 & LB-09 (3236 MMstb in total).

The second well in this drilling program will be drilled with the Eirik Raude in Liberia following on immediately after completion of the Bee Eater-1 well. A number of potential well locations in Blocks LB-08 & LB-09 are under consideration dependent on the outcome of the Bee Eater-1 well.

Tags: African Petroleum Corporation Limited