AWE’s Jebel Al Milh-1 drilling update
Thursday, Sep 02, 2010
AWE Limited reports that as at 06:00 Yemen time (-7 hrs AEST) on 1 September, the Jebel Al Milh-1 well was at a total depth (TD) of 4,227 metres and was preparing to run logs. Elevated gas shows continued to be observed throughout the Basement section.
Progress for the week was 331 metres.
Jebel Al Milh-1 is located 16 kilometres north-northeast of the Al Meashar-1 well, which recently discovered oil in the basement. The primary target is fractured Pre-Cambrian basement.
The participants in Block 7 are:
ARC Energy Holdings Ltd* 21.25%
Oil Search (ROY) Ltd (Operator) 34.00%
Kuwait Foreign Petroleum Exploration Co. (Aden) Ltd 21.25%
Yemen General Corporation for Oil and Gas 15.00%
Mitsui E & P Middle East B.V 8.50%
Source: AWE
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