Bengal Energy Ltd. and its joint venture parties (JV) have completed the Phase Two drilling campaign on ATP 752 Barta Block (Bengal's working interest 30.357%). Average gross production from the Cuisinier field in March 2015, prior to the tie-in of the new Phase Two wells and the reactivation of the Cuisinier-6 well, was approximately 1,653 barrels of oil per day (bopd) (502 bopd net to Bengal).
The Phase Two drilling campaign exceeded Bengal's technical and commercial expectations. With three of the four cased wells now completed as oil wells, the JV has successfully expanded the pool boundaries and tested the structural flank positions for the presence of oil.
The last well of the Phase Two drilling campaign, Cuisinier-21, tested the northwest flank of the Cuisinier structure. The well encountered oil in the Murta DC70 zone with reservoir pressure at approximately 96% of virgin pressure. The Murta DC70 zone in this well came in structurally below what had been established by other producing wells.