Oando Energy Resources Inc. announced the well test results of the EB-4 well's second zone (Level XIX), which yielded 2,400 b/d of 49° API oil using a 28/64" choke, in Nigeria.

This result concludes a successful drilling program, and well tests on the two strings encountered. Level XIX was the primary target for this well and is the zone currently producing 2,100 b/d on a 28/64" choke in the EB-1 well.

The EB-4 well is being completed as a dual-string producer, with Level XIX being produced from the short string and Level XXa producing from the long string. As was announced on Aug. 13, Level XXa tested up to 950 b/d. Both strings are to be tied into the existing Ebendo Production Facility and will be put on stream as soon as the drilling rig skids to the next well (EB-5). The EB-5 well is intended to appraise the intermediate hydrocarbon bearing sands (Levels XV to XVIII) encountered during the drilling of the EB-4 well.

The EB-4 well was spud on March 24 and was drilled to a total depth of 3,694 m (12,120 ft) on June 11. The well, which was intended to appraise the updip portion of the structure, encountered eight new hydrocarbon bearing sands over an interval from 2,946 m (9,667 ft) to 3,408 m (11,182 ft), each with individual reservoir thicknesses of between 6 m (21 ft) and 34 m (110 ft). These eight new sand zones were in addition to Level XIX, the producing sand target.

These test results may not necessarily be indicative of the well’s long-term production performance or of ultimate recovery.

OER has a 42.75% non-operating interest in the Ebendo Marginal field, which is located in OML 56, onshore Nigeria.