Ivory Coast: Ivoire-1X Exploration Well on Bloc...

Ivory Coast: Ivoire-1X Exploration Well on Block CI-100 Encountered a Horizon with High-Quality Oil

TOTAL

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280 meters of water, encountered 28 meters of net oil pay in a series of about 100 meters of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35 API oil.

Operated by Total E&P Côte d’Ivoire, Ivoire-1X is the first well drilled on the CI-100 block. It was drilled to a total depth of 5,044 meters.

The well confirms the extension into Block CI-100 of the already proved active petroleum system in the prolific Tano basin, home to several fields, including Jubilee in Ghana.

The data acquired during drilling is being analyzed to develop an appraisal program for the reservoirs discovered and explore identified prospects further east in the block, near recent discoveries in Ghana.

Total E&P Côte d’Ivoire operates the block with a 60% interest, alongside Yam’s Petroleum LLC (25%) and Petroci Holding (15%).

Total Exploration & Production in Côte d’Ivoire

Total also has interests in three other ultra-deep offshore exploration licenses (CI-514, CI-515, CI-516) in Ivory Coast.

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