Continental Focus, International Reach

Drill Stem Test Results from Namibia’s Venus-1X Well Positive

Thursday, September 28, 2023

Partners in Block 2913B (PEL 56) offshore Namibia have announced the successful drilling of the Venus-1A appraisal well, a flow test on the Venus-1X re-entry in Block 2913B (PEL 56).

Both Impact Oil & Gas and Africa Oil Corp issued statements while operator TotalEnergies’ CEO Patrick Pouyanne has confirmed the Venus-1X was a success.

The Deepsea Mira rig re-entered and side-tracked the Venus-1X discovery well and flowed oil from the test with positive results. TotalEnergies and its partners are now interpreting the results of the flow test and incorporating them into the development studies, which is expected be confirmed with the flow test of Venus-1A in Q4 2023.

Impact Oil & Gas provided additional updates on the Namibia exploration program as follows:

Venus-1A

  • The Venus-1A appraisal well results were positive, having been successfully drilled, cored and logged by the Tungsten Explorer to a total depth of 6,146m, approximately 13km north of the Venus discovery well.
  • The Deepsea Mira will re-enter Venus-1A in the coming days in order to undertake a DST.

Mangetti-1X

  • The Tungsten Explorer will now drill the Mangetti-1X exploration well in the northern part of Block 2913B.

Block 2912 (PEL 91)

  • The Nara-1X exploration well was drilled to a total depth of 6,181m, using the Tungsten Explorer drillship. A full wireline logging program was completed, and a core has been taken. However, the Nara-1X well was not flow tested, as the well was not successful. The Joint Venture is continuing to evaluate the results of Nara-1X.

Siraj Ahmed, Chief Executive Officer of Impact, commented: “We are very pleased with the results of the Venus-1X DST and of the Venus-1A appraisal well, the second successful well in Venus. These positive results provide the crucial dynamic data required to progress development studies towards the first development on Block 2913B.


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