Total S.A.
26 July 2006
First Oil Discovery in Libya's Block NC 191
Paris - July 26, 2006 - Total (operator, 100%) announces an oil discovery in
Block NC 191 in southwestern Libya, around 800 kilometres south of Tripoli. This
is the first find in the block, located in the southern Murzuq Basin and awarded
to Total in March 2001.
Drilled to a total depth of 1,735 metres, the D1 well tested at 675 barrels of
oil per day. Appraisal of the discovery and the potential of the remainder of
the block is underway.
The latest find consolidates Total's position in Libya, where it has been active
since the 1950s. The Group has interests in the main offshore and onshore
basins, operating the offshore Al Jurf field and the Mabruk field in the Sirte
Basin and holding a working interest in the consortium that operates the El
Sharara fields in the Murzuq Basin.
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Total is one of the world's major oil and gas groups, with activities in
more than 130 countries. Its 95,000 employees put their expertise to work in
every part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
This information is provided by RNS
The company news service from the London Stock Exchange
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