Anadarko makes second oil discovery in West Africa

Anadarko Petroleum Corporation has announced its second oil discovery offshore the Republic of Ghana. The Hyedua-1 well is located on the Deepwater Tano license in approximately 5,020 feet of water, 3.3 miles southwest and down dip from the Mahogany-1 discovery well, which Anadarko announced in June 2007.

The Hyedua-1 well was drilled to a total depth of approximately 13,130 feet and encountered approximately 130 feet of net pay in a Cretaceous sandstone reservoir.

Anadarko is the technical operator of the Hyedua-1 well with an 18-percent interest. Tullow Ghana Limited, an affiliate of Tullow Oil plc, is the operator of the block with a 49.95-percent interest. Other partners include Kosmos Energy Ghana HC with an 18-percent interest, and Sabre Oil and Gas Limited with a 4.05-percent interest. The Ghana National Petroleum Corporation will be carried through the exploration and development phases with a 10-percent interest.

The Hyedua-1 and Mahogany-1 wells were drilled using the “Belford Dolphin” deepwater drillship, which is under long-term contract to Anadarko. After the Hyedua-1 well is sidetracked to obtain additional core data, the drillship will move to the Gulf of Mexico to test additional prospects in Anadarko’s 2007 exploration program.