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Angola: Sonangol Announces New Oil Discovery


Angola Press Agency (Luanda)
 

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Angola Press Agency (Luanda)

3 May 2008
Posted to the web 5 May 2008

Luanda

The state-run Angola National Fuel Society (Sonangol) and the Italian oil exploration company (ENI), announced Friday here the discovery of crude oil in deep water of block 15/06, in the Angolan maritime zone.

According to a statement from Sonangol, the new oil spot, named Sango-1, was discovered in April in a depth of 1,349 meters and reached a total depth of 3, 346 meters.

The document informs also that in the mentioned area was found a hydrocarbon productive zone with 127 meters in Miocene sand, with high permeability.

Sango-1 is the first drilled oil hole in Block 15/06, located about 350 kilometres to the north of Luanda.

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Sonangol is the concessionaire company and ENI-Angola SPA works as operator of Block 15/06.



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