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African-focused independent Chariot Oil & Gas Ltd. confirmed that its wholly-owned subsidiary Enigma Oil & Gas Ltd. has reached an agreement with Ocean Rig UDW Inc. to use the driller’s Ocean Rig Poseidon drillship to drill a wildcat well offshore Namibia.
The Kabeljou (2714/6-1) well will target the Nimrod prospect, once the drillship arrives on location in July. The Nimrod prospect is in the Orange Basin in southern Block 2714A where Chariot has a 25% equity interest.
The Kabeljou well is expected to take approximately two months to drill. The probe will be drilled 77 km offshore Namibia in 360 m (1,181 ft) of water with an estimated total drilling depth of 3,100 m (10,171 ft) true vertical depth subsea.
This is the second well to be drilled in Chariot’s four to five exploration well program offshore Namibia. It drilled a duster on its Tapir South prospect in the Namibe Basin earlier this month.
The company also said that, concurrently, it is processing the 3D seismic data acquired from the recent survey carried out in the central blocks with initial results showing that the data quality is very good. Detailed analyses are due to commence on the samples from the Tapir South well shortly and once these evaluations are complete, and the results of the Kabeljou well have been assessed, the company will be in a position to determine the next wells of the drilling program for 2013.