Repsol, RWE Dea spud exploration well in Mauritania

12/12/2013

Repsol, RWE Dea spud exploration well in Mauritania

MADRID, Spain -- Repsol and RWE Dea have spudded the first exploration well in license block Ta10 in Mauritania. The well is intended to provide information about the hydrocarbon potential of the license area.

The Ouguiya-1 well in the desert of Mauritania is being drilled using the Saipem 5893 drilling rig. Its primary targets are Precambrian formations. The well is scheduled to be completed within the second quarter of 2014.

Prior to drilling, modern 2D seismic data were acquired during the years 2008 to 2010. These new data were interpreted in combination with re-processed older 2D seismic data.

RWE Dea holds a 30% interest in license block Ta10, with the operator Repsol holding 70%. The block is located in the poorly explored Taoudeni basin in the desert of central Mauritania, some 800 km inland from the Atlantic coast.

The license area covers 14,450 square km.

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