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“Wireline log and Repeat Formation Test data have now been successfully acquired after earlier difficulties and provide encouraging indications for hydrocarbons despite the geologically complex nature of the formation,” said a Bounty Oil and Gas statement.
No results of the logs or RFT was reported. The well reached a total depth of 3,895m.
“The next stage is to conduct a series of downhole tests, using a Modular Formation Dynamics Tester tool (“MDT”), which will provide information on the extent of net sand intervals, the nature of the formation fluids and properties of the reservoir rocks.
“The MDT arrived in Dar es Salaam on 6 April and will be mobilised to Nyuni Island as soon as Tanzanian Customs formalities have been completed.
“Results of geochemical analysis conducted on down-hole samples are consistent with the theory of a wide-spread oil-mature source rock offshore Tanzania.”
Bounty is earning a 10% stake in the permit.
