Global Petroleum Ltd
23 January 2007
POMBOO NO. 1
DRILLING RESULT
Woodside made the following announcement today in regard to the status of
Pomboo.
The technical information in this report was reviewed by Dr John Armstrong PhD,
BSc (1st Hons) Geo, executive Chairman of Global Petroleum Limited who has 35
years experience in the upstream oil and gas industry. The information has also
been reviewed as to its reliability by Mr Wal Muir BSc Hons (UNSW) MBA (UQ), who
is a partner in MBA Petroleum Consultants. MBA provides independent technical
advice to Global. Wal Muir has over 27 years experience in the petroleum
exploration industry both in Australia and overseas. He is a Distinguished
Member of the Petroleum Exploration Society of Australia and a member of the
Australian Society of Exploration Geophysicists.
John Armstrong
Executive Chairman
Telephone: 61 7 3211 1122
Fax: 61 7 3211 0133
Web: www.global-petroleum.co.uk
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ASX Announcement
(ASX: WPL)
Tuesday, 23 January 2007
10:30am (AWDT)
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Media Investors
Rob Millhouse Mike Lynn
W: + 61 8 9348 4281 W: + 61 8 9348 4283
M: + 61 419 588 166 M: + 61 439 691 592
E: rob.millhouse@woodside.com.au E: mike.lynn@woodside.com.au
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Kenya Block L-5
Pomboo-1 Drilling Result
Woodside Petroleum Ltd. reports that the Pomboo-1 exploration well in Block L-5
of the offshore Lamu Basin in Kenya has reached a total depth of 4887 metres.
After running a full suite of logging tools, Woodside has confirmed the absence
of hydrocarbons in the primary target zone between 4685 metres and total depth.
The well encountered in excess of 200 metres of moderate to good quality
reservoir sandstones.
The well is about 350km north-east of Mombasa in 2200 metres of water. The
drillship, 'Chikyu', is preparing to plug and abandon the well.
All reported depths (except water depth) are referenced to the rig rotary table.
The joint venturers are: Woodside Energy (Kenya) Pty Ltd 30% and operator;
Repsol Exploracion S.A. 20%; Global Petroleum Ltd 20% and Dana Petroleum (E&P)
Ltd 30%.
End
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