The acquisition of wireline logs has now been completed and a 9 5 /8 inch casing string was run.

Chinguetti 4-5 is located in the southwestern part of the field about 900m northwest from the Chinguetti-1 discovery well.

The well will be completed for long-term production with measures in place to control sand inflow. An extended production test (1-2 week production period) is also planned before the well will be suspended pending commissioning of the production facilities of the field in late 2005.

Participants in the Area B PSC are Woodside Mauritania 35% (operator), AGIP Mauritania 35%, Hardman Resources 21.6%, Fusion Mauritania B 6% and Roc Oil (Mauritania) 2.4%.