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Niger: Savannah announces fourth discovery, EPS plans

London-based Savannah Petroleum has announced a fourth oil discovery in the Agadem Rift Basin and plans to drill a fifth well. Savannah said on 15 August the Eridal-1 exploration well had encountered 13.6 metres of oil-bearing reservoir sandstones in the Eocene Sokor Alternances objective. The well is being suspended for future re-entry and the rig is being moved to the Zomo-1 well site. Savannah, which is exploring acreage relinquished by China National Petroleum Corporation in the Agadem, has options for a further four wells.

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