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The well will test a 37sqkm structural feature about 30km off the coast of Tanzania within the Nyuni Block. No exploration drilling has taken place in the block to date.
The primary target at Nyuni comprises Lower Cretaceous (Neocomian) sands at about 2400m. These sands form the main reservoir at the nearby Songo Songo gas field, located 18 km to the southwest.
The Nyuni prospect may hold recoverable reserves of up to 260 million barrels of oil (mmbo) or if gas is present, 870 billion cubic feet (bcf).
After Nyuni-1, the rig will move 10km north to start a test of the Okuza prospect.
Interests in the well are Bounty Oil & Gas NL 10% (earning), Ndovu Resources 60% (operator) and Petrom SA 30%.
