Total S.A.
07 November 2005
Total Makes Sixth Oil Discovery in Libya's Block NC 186
Paris - November 7, 2005 - Total (24%) and partners Repsol YPF (operator), OMV
and Saga have made a sixth oil discovery in Libya's Block NC 186. Three of the
discoveries have been developed or are under development.
Well J-1, drilled in the Murzuq Basin 800 kilometers south of Tripoli, reached a
total depth of 1,500 meters and encountered a significant oil column in the
Mamumiyat sandstone formation. J-1 is located 16 kilometers northeast of last
month's l-1 discovery.
The well tested at 4,650 barrels per day of 40degreeAPI oil.
In Libya, Total operates the offshore Al Jurf field and the Mabruk field in the
Sirte Basin. The Group is also a partner in the consortium that operates the
adjacent El Sharara fields, which produce around 200,000 barrels per day of
light oil.
Total is the fourth largest oil and gas company in the world with operations in
more than 130 countries. Total's activities cover the whole energy chain of the
petroleum industry: exploration, oil and gas production, refining and marketing,
trading and power generation. The Group is also a major player in chemicals.
Total has more than 111,000 employees worldwide. More information can be found
on the company's website: www.total.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.