TOTAL Hits A Fourth Duster In Uganda

TOTAL continued its streak of dry holes in Uganda’s Lake Albert Basin, with the Ondyek-1 exploration well proving the fourth duster in two months.
Ondyek-1 did not encounter hydrocarbons and has been plugged and abandoned. The well, located 16km North West of the Nigiri-1 oil discovery in the company’s operated EA-1A block to the north of the basin, was the fifth in a drilling campaign designed to test the boundary limits of the TOTAL operated EA-1A Block.
The other dry holes, drilled between December 2012 and February 2013, include: Riwu-1 (tested far northwestern limits), Raa-1 (tested northern extent), and Til-1 (tested far northeastern limits). Ondyek-1 was drilled to a total depth of 1,462 metres.
Lyec-1, the only discovery in the campaign, is being further evaluated in the context of the remaining exploration potential of the area. TOTAL has a 33.33% (operated interest) in EA-1A with Tullow and CNOOC each holding a 33.33% interest.