The Carla South exploration well in Block I has encountered oil in good quality sandstones at the target level. The well will shortly be side-tracked to an adjacent target.
The Carla South (I-7) exploration well in Block I in Equatorial Guinea has reached a total measured depth of 3,660m. Drill cuttings, wireline log data and downhole measurements indicate that the deviated well encountered approximately 12m (measured thickness)/10m (vertical thickness) of net oil pay in good quality sandstones at the target level.
Following completion of logging operations, the well is being side-tracked to an adjacent target. PA Resources holds a 5.7% interest in Block I. PA Resources CEO, Bo Askvik, commented: 'We are pleased with this successful result which has extended the proven Carla trend from Block O into Block I.
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