Oil and gas explorer Cairn Energy reports its latest well drilled offshore Senegal hit oil and gas.
The Edinburgh-based company said the SNE North-1 exploration well encountered oil and gas in the primary objective and oil in the deeper secondary target.
Cairn said the SNE North-1 well results “has positive implications for further hydrocarbon potential” to the north of the structural trend containing the SNE field and SNE North-1 discovery well, as well as for broader exploration potential in the permit.
The SNE North-1 well marks the end of Cairn’s successful five well 2017 drilling campaign and the well will now be plugged and the Stena DrillMAX rig released.
Cairn said it is currently reviewing the potential for further exploration drilling next year in a joint venture within the Rufisque, Sangomar and Sangomar Deep Production Sharing Contract area.
Simon Thomson, chief executive of Cairn Energy, said: “The SNE North well results are encouraging in terms of further prospectivity and implications for the full block potential offshore Senegal.
“We are delighted to have completed a safe and successful drilling programme in Senegal this year with the Stena DrillMAX.
“An update on resources and the SNE development plans will be provided at our interim results later this month.”