New Major Oil Discovery in Angola Deep Offshore
Green Car Congress
JULY 14, 2010
An Eni-led consortium announced a new major oil discovery in Block 15/06 in the deep offshore of Angola. The Cabaca South East-1 well, located at a depth of 470 meters (1,542 feet), at a distance of 100 km from the coast, successfully reached its multi-target objective in the deepest levels of Miocene age, where oil bearing reservoirs, with a total of 450 meters of gross thickness, have been proven. 5%) and Statoil Angola Block 15/06 Award AS (5%).