“The Venus discovery confirms the existence of an active petroleum system in the basin and enhances the prospectivity of our vast West Africa acreage position,” said Bob Daniels, Anadarko Petroleum’s vice president, Worldwide Exploration. “With Jubilee on the east and Venus on the west, we have established bookends spanning approximately 1,100 kilometers (700 miles) across two of the most exciting and highly prospective basins in the world. Anadarko Petroleum and our partners are evaluating the initial results of the well and the forward plan for the prospect, and anticipate additional drilling in the area. We are optimistic that the continued success of our West African Cretaceous program will create substantial value for our stakeholders as well as the people of West Africa through continued investment and increased activity. Anadarko Petroleum plans to drill two to five wells in the trend next year.”
Anadarko Petroleum plans to continue its West Africa drilling operations in the Cretaceous Trend by drilling the South Grand Lahou exploration well in block CI 105 offshore Cote d’Ivoire once activities are completed at the Venus discovery well.
Anadarko Petroleum operates the Venus well with a 40% working interest. Co-owners in the discovery include Woodside Petroleum Limited (25% working interest), Repsol YPF, S.A. (25% working interest) and Tullow Oil Plc (10% working interest).
