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UMU 18 WELL UPDATE

SunTrust Oil and its JV Partner have completed the drilling and completion of Umu 18 on the Western culmination of the Umusadege field to a total depth (TD) of 9,583ft and cored from9,253ft – 9,314ft MD (61ft). Umu 18 was completed as a dual string multi-zone producer with Sand XIV on the Short String while Sands XVIa and Sand XXa were completed on the Longs String. We plan to commence the initial Well clean-up on October 4th, 2019 once we displace Well to diesel and Rig down to clear space for the clean-up...

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Inspection visit by SunTrust Oil MD/CEO

CEO/MD, SunTrust Oil Company Nigeria Limited, Mr. Ugo Okafor inspecting the Umusadege facilities Recently the MD/CEO of SunTrust Oil Company Nigeria Limited , Mr. Ugo Okafor, visited the Umusadege Field for the regular Management Facility Inspection exercise. Part of his activities during the visit was the inspection of the progress on the last phase of the debottlenecking of the current Central Processing Facility. The visit was so important as it also afforded him the opportunity to inspect the ongoing drilling of the UMU west 2. CEO/MD, SunTrust Oil Company Nigeria Limited, Mr. Ugo Okafor with some members of the...

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UMU WEST 2 DRILLING UPDATE

Completed drilling first section to TD at 4556ft and ran and cemented 13 3/8 casing. Currently performing cement top up job; later to drill out shoe, do a leak off test, pull out and pick up the Bottom Hole Assembly for the next drill section. The well will target sands XXa & XIV as primary targets. The well will be completed as a dual string multi-zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow zone. Planned TD 9,650ft on September 12,...

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UMU WEST 2 DRILLING UPDATE

Rig move and rig up is 100% complete. Rig acceptance test also 100% completed. Umusadege-West 2 (Umu 18) spudded at 13:00hrs on August 3, 2019. The well will be drilled as a deviated well in the western culmination with sands XXa & XIV as primary targets. The well will be completed as a dual string multi-zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow...

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UMU WEST 2 DRILLING UPDATE

Rig move to the Umusadege location is now expected to commence on July 12, 2019. Umusadege‐West 2 will be drilled as an S‐shaped well in the Western culmination with sands XXa & XIV as primary targets. The well will be completed as a dual string multi‐zone producer in three sands at the deeper zone if oil bearing, alternatively complete three sands in the shallow zone. Proposed spud date for this well is now July 25th,...

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