In 2005 to 2007 ROC acquired a total of 722km 2D seismic data and 618km2 3D seismic data (573km2 coverage), in three separate surveys. A high resolution aeromagnetic survey was acquired in March 2006, covering the entire Cabinda South Block. A seven-well exploration drilling programme was completed from June 2007 to September 2008. The first well, Massambala-1, discovered a shallow, heavy oil accumulation. The discovery was appraised with two wells in September-October 2008. The first appraisal well confirmed a 9.5m gross heavy oil column and oil-water contact as expected. The second appraisal well encountered the primary target deep to prediction and below the oil-water contact as determined from the first two wells. The second and third wells in the programme, Cevada-1 and Soja-1, had good hydrocarbon shows but neither was judged to be commercial and both wells were plugged and abandoned. The fourth well, Milho-1, was the first well in the programme to specifically target a pre-salt structure. The well encountered a classic pre-salt sequence characterised by a thick world-class source rock, with significant oil and gas shows, overlying a thick sand interval with good reservoir quality. While non-commercial, the well provides a very important data point. The fifth well, Coco-1, produced 26oAPI oil and associated gas to surface during open hole drill stem testing of two separate intervals in the pre-salt sequence. The well was suspended as an oil discovery and was re-entered and tested in late 2009/early 2010. Results indicate that none of the five zones tested exhibited natural hydrocarbon flow. The well was suspended for review of results. The sixth well, Sesamo-1, confirmed the existence of the pre-salt target reservoir sands, but there were no hydrocarbon shows. The final well in the 2007/08 exploration programme, Arroz-1 was plugged and abandoned after final wireline logging indicated only minor hydrocarbon shows. The Castanha-1 exploration well was drilled from November 2009 to March 2010. The well encountered a gross hydrocarbon column of approximtely 15m in the pre-salt Chela Formation which was production tested. The test recovered 33o API oil to surface and flowed oil at a maximum rate of 2,275 BOPD through a 5/8" choke. The potential of the discovery is being evaluated. The Castanha-2 appraisal well is expected to commence drilling in 3Q 2010. Initial activities are also expected during 3Q 2010 for a 169km2 3D seismic acquisition programme (overlapping the north of the Castanha discovery) to define new exploration leads and assist with mapping of the discovery. |