Sea Dragon Energy Inc. report that the Al Baraka-16 well has discovered oil in a separate fault block from the main Al Baraka field and tested oil from the deeper Kom Ombo "C" sand pay. This discovery has the potential of more than doubling the current field production.

This development well was successfully drilled to a total depth of 7,590 feet in the basement. The well is located on Al Baraka development lease on a separate fault block, immediately southwest from the main Al Baraka field. The well encountered oil shows in the Six Hills F1, Kom Omb "C" and Kom Ombo "A" sands. Cores were cut in the Six Hills F1 and Kom Ombo "A" sands. Core and petrophysical analyses show 60 feet of oil pay in the Kom Ombo "C", 18 feet in the Six Hills F1 and 4 feet in the Kom Ombo "A".

Tags: Sea Dragon Energy Inc.