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AVOUMA DISCOVERY
 
 

AVOUMA DISCOVERY TESTED AT SUSTAINED RATE OF 6,600 BOPD THROUGH 40/64" CHOKE

 
     
 

EXCERPT FROM NEWS REPORT ISSUED BY VAALCO, July 12, 2004 :

 
     
 

" VAALCO Energy announced the results of flow testing of the Avouma exploration well. The EAVOM-1 well flowed at a stabilized rate of 6,600 barrels oil per day of 37 degree API crude on a 40/64's inch choke from twenty feet of perforations in the Gamba sandstone section. Flowing wellhead pressure was 746 psi. The rig is currently performing additional diagnostic work after which the plan is to temporarily abandon the well. The Avouma discovery is located offshore Gabon on the Etame permit approximately 10.5 miles from the Etame field, where VAALCO is currently producing 15,000 barrels oil per day. "

 
     
 

 

 
     
 

 

 
     
 

 

 
     
     
     
     
 
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