Ivory Coast: Rialto’s Gazelle Reaches 550 mMDRT

Ivory Coast: Rialto's Gazelle Reaches 550 mMDRT

Rialto Energy Limited, Rialto Energy Limited, the exploration, appraisal and development company with operated assets offshore Cote D’Ivoire, has provided the weekly update on drilling operations at the Gazelle-P3 Well as at 06:00hrs, 20 March 2012 (EDT).

The Gazelle-P3 well, located offshore Cote D’Ivoire, was spudded on 12 March 2012 using the Transocean GSF Monitor jack-up drilling rig. The well is planned to be drilled to a total depth (TD) of approximately 3685 mMDRT((measured depth below the rotary table), (-2981 mTVDSS) and is expected to take around 60-70 days to drill and test. The well is the first of an overall three well drilling programme on CI-202 that is anticipated to take six months to complete, together with testing.

Since spudding, the well has been drilled to a depth of 550 mMDRT with no hydrocabon indications . Currently the 20” casing is being set in preparation to drill ahead in 17 ½” hole.

In accordance with its policy of releasing weekly drilling progress reports, the company will issue a further drilling report on 27 March 2012, subject to any material events occurring in the meantime.

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Offshore Energy Today Staff, March 21, 2012; Image: Rialto