Rialto Updates on Gazelle Drilling (Ivory Coast)

Rialto Energy Limited provides a weekly update on drilling operations at the Gazelle-P4 Development Well, offshore Côte D’Ivoire as at 10:00hrs, 15 August 2012 (GMT).

Since the last report, the well has been drilled to the 13 3/8″ casing point at 2123m MDRT. Current operations are drilling out cement shoetrack, prior to performing a formation integrity test (FIT).

The Gazelle Field is situated in the CI-202 block offshore Côte d’Ivoire. First production is expected by early 2014.
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Press Release, August 16, 2012