Oil and gas group Cove Energy today said a drillship was on its way from port in Mozambique to begin a four well drilling programme on the Rovuma Offshore Area 1.
The programme is expected to get underway in the next few days with the initial plan to set surface casing for the Collier well and then move to and drill the Windjammer well before returning to Collier. The offshore Rovuma Block is operated by Anadarko Petroleum and 8.5% held by Cove.
Elsewhere, Cove said that Anadarko had encountered hydrocarbon shows during the drilling of the Mecupa 1 commitment well on the Rovuma Onshore Concession in Mozambique. Pending further evaluation of the well data, the decision has been taken by the partners to plug and abandon the well at this time. Cove holds a conditional 10% participating interest covering the Rovuma onshore area.
John Craven, the chief executive of Cove Energy, said: “The information seen in the Mecupa well is positive for the onshore block, in that the well encountered excellent reservoir sands and indications of hydrocarbons at various intervals.”
In September, Cove agreed a deal with French group Maurel & Prom for the two sides to farm-in to three oil and gas interests held by Canadian company Artumas. Two of those included Rovuma Offshore Area 1 and Rovuma Onshore Concession and the other was the Mnazi Bay project in Tanzania.
Source:smallcapnews.co.uk/
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