Cameroon: Dry well for Murphy on Ntem

Operator Murphy Oil has failed to find hydrocarbons with the Bamboo-1 well on the Ntem concession. Murphy began drilling the well in February following the lifting of force majeure provisions relating to overlapping border claims by Cameroon and Equatorial Guinea. The well was drilled to a total depth of 4,747 metres in 1,600 metres of water, targeting a series of stacked Cretaceous basin floor submarine fans. Partner Sterling Energy said the well encountered all its pre-drill targets, but no commercial hydrocarbons were found and the well would be plugged and abandoned.