GII will prepare for mobilization to the block and plans to complete the seismic survey in July 2010. The survey is designed to further define the prospectivity of the block and to identify optimal drill targets.
GII has conducted oil and gas seismic surveys in over seven countries since 1997. It has conducted three 2D and/or 3D seismic surveys since 2005 for Roc Oil on its Cabinda South block in Angola, immediately contiguous to the Lotshi block on the Lotshi block’s western boundary. Roc said that its Castanha-1 well had struck light oil over 15 gross metres below a depth of 2214mt in the Chela formation on the Cabinda south block.
The Lotshi block covers approximately 475sqkm of the Les Zones du Bassin Cotier in the onshore coastal salt basin of western DRC. EnerGulf is the operator of the project. The block is contiguous to Cabinda, Angola and is on trend with the M’Boundi field in Republic of Congo and situated in a similar geological setting.
The Lotshi block is also in relatively close proximity to the offshore Cabinda, Malongo and Takula giant field complexes operated by Chevron and the onshore and offshore Perinco fields in DRC.
