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Yemen: Origin Energy's Jebel Al Milh-1 reaches target basement and prepares to log

30 Jul 2010

AWE has reported that the Origin Energy operated Jebel Al Milh-1 well reached a depth of 3,677 metres on Jul7 28 and was pulling out of hole. This is in preparation for running logs in the 121/4” hole section, in line with the pre-drill plan, after having penetrated basement. Hydrocarbon shows have continued to be observed while drilling through to the current depth. Progress for the week was 317 metres.

Jebel Al Milh-1 is located in Block 7, 16 kms north-northeast of the Al Meashar-1 well, which recently discovered oil in the basement. The primary target is fractured Pre-Cambrian basement.

The participants in Block 7 are: ARC Energy Holdings (AWE wholly-owned subsidiary) 21.25%; Oil Search (Operator) 34.00%; Kuwait Foreign Petroleum Exploration Co. (Aden) 21.25%; Yemen General Corporation for Oil and Gas 15.00%; Mitsui E & P Middle East 8.50%.