StockMarketWire.com - Kosmos Energy's Yakaar-2 appraisal well has encountered approximately 30 metres of net gas pay in similar quality to the Yakaar-1 exploration well. The rig will now move to the Orca-1 exploration well in Mauritinia.
This continues the 100% success rate of wells targeting the inboard Mauritania/Senegal gas trend. Yakaar-2 was drilled approximately nine kilometres from Yakaar-1 and proved up the southern extension of the field.
Commenting on the results of the Yakaar-2 well, Chairman and Chief Executive Officer Andrew G. Inglis said:
'The Yakaar-2 appraisal well demonstrates the scale and quality of the Yakaar resource base.'
'Senegal is one of the fastest growing economies in the world and Kosmos is excited to be working alongside BP and PETROSEN to support the country's growing energy needs.'
Story provided by StockMarketWire.com
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