US group Anadarko Petroleum finds more natural gas in Mozambique

18 January 2012

Houston, United States, 18 Jan – US oil group Anadarko Petroleum Tuesday in Houston announced it had found more natural gas in the seventh well drilled in the Rovuma basin in northern Mozambique.

Known as Lagosta-2, the test well found 237 metres of sands saturated with natural gas, which according to the company’s vice president for world oil exploration, Bob Daniels, substantiates the group’s projection that the block has between 15 and 30 trillion cubic feet of natural gas.

The statement published on the group’s website said that a second prospecting ship, the Deepwater Millennium, was now in that region of Mozambique to carry out a programme of tests.

Anadarko is the operator of that block in the Rovuma basin with a 36.5 percent stake, with the remainder in the hands of Mitsui E&P Mozambique Area 1 (20 percent), BPRL Ventures Mozambique (10 percent), Videocon Mozambique Rovuma 1 (10 percent) and Cove Energy Mozambique Rovuma Offshore (8,5%). (macauhub)