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Paris - French energy group Total on Monday said it and Sonangol had made a new oil discovery with the fourteenth
exploration well, Alho-1, drilled on Block 32 in the ultra deep waters of the Angolan offshore.
Drilled in a water depth of 1 607 metres, the Alho-1 well encountered Oligocene oil bearing reservoirs.
The well was tested from a selected interval and produced at a rate of 5 400 barrels per day.
Sonangol is the concessionaire of Block 32. Total holds a 30% interest as operator.
Other partners are Marathon Oil Company with 30%, Sonangol EP with 20% and Esso Exploration and Production Angola (Overseas) Limited with 15% and Galp Explora? with five percent.
- Reuters
