Located in the Congo Basin, the MIM-1 well is the first in a multi-well drilling program on the Marine XI/Marine XIV Blocks.
The company is drilling the well using the ENSCO 5003 semi-submersible rig, with a planned depth of about 3,400m.
MIM-1 is targeting the Toca limestones with the Djeno sandstone prospect as a secondary target, both below the salt layer with a combined unrisked, pre-drill mean prospective recoverable resource estimates of 165 million barrels, the company said.
