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Tanzania Offshore Deepwater Gas Discovery

Ophir Energy (OPHR: LN) has announced the discovery of gas during recent drilling in the Tende-1 well in the East Pande block offshore Tanzania.

The Tende-1 well in Tanzania was drilled by the Deepsea Metro I drillship to a total depth of 4,153m and, while gas traces were found in the upper strata of the initial objective, it was confirmed that no moveable hydrocarbons were present.

During the secondary Tikiti objective, a gas bearing sandstone was discovered in the Tende-1 well and Ophir Energy has indicated plans to further evaluate the wider impact of this finding as it looks to better understand the remaining prospects in the East Pande block.
Ophir Energy was established in 2004 and currently boasts a growing portfolio of oil and gas interests in Africa with the majority of its assets in deepwater and significant gas discoveries in Tanzania and Equatorial Guinea as well as additional operations in Kenya, Gabon, Seychelles, and Somaliland.

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