US oil company Cobalt International Energy has found more oil in Angola’s block 21 where it is prospecting in partnership with Angola’s Sonangol and other companies, the company said in a statement issued in Houston.
According to the statement, a well was drilled to a depth of 5,739 metres which found around 56 metres of oil and condensates in alternating layers.
This discovery is the fourth by Cobalt International Energy in Angola’s pre-salt layer.
The US company is the block 1 operator with a 40 percent stake and the remaining partners are Angolan sate company Sonangol Pesquisa e Produção, Nazaki Oil and Alper Oil Limitada. (macauhub)