Cobalt Energy +4.5% on Mavinga-1 flow test off Angola


Cobalt Energy (CIE +4.5) is believed to be running a flow test on its Mavinga-1 exploration well off Angola, raising the prospect the operator may have a third pre-salt discovery in the country, Upstream reports.

Test results of CIE's Cameia #1 discovery confirmed the presence of an expansive pre-salt hydrocarbon reservoir offshore Angola, and the Cameia #2 appraisal well has provided validating evidence allowing more work toward the sanctioning of an early production system, according to the company website.

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Comments (2)
  • MR Searches
    , contributor
    Comments (3) | Send Message
     
    Good - but just a stopover for 2013 - Lontra-1 is even more important to CIE :-) [see: http://seekingalpha.co...]
    11 Oct 2013, 01:26 PM Reply Like
  • prosiri
    , contributor
    Comment (1) | Send Message
     
    ...and is beeing drilled at the same time...means news are coming soon!
    11 Oct 2013, 03:30 PM Reply Like
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