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Oil and Gas Energy News Update

Monday, April 4, 2011

Ophir Drills Third Gas Discovery Offshore Tanzania

Ophir Drills Third Gas Discovery Offshore Tanzania

Monday, April 04, 2011
BG Group plc

BG Group announced its third Tanzanian gas discovery with the Chaza-1 well, located in Block 1 approximately 18 kilometers offshore southern Tanzania in a water depth of around 950 meters. The discovery is some 200 kilometers south of BG Group's Pweza and Chewa discoveries, previously announced.

The three successful wells so far drilled by the joint venture of BG Group (60%) and Ophir Energy plc (40% operator) form part of an initial work program planned for Blocks 1, 3 and 4 offshore Tanzania. The initial work program also includes the acquisition of a minimum of 4,000 square kilometers of 3D seismic data. BG Group has the option to assume operatorship of all three blocks upon completion of the initial work program.

To date in 2011, a 3 200 square kilometer 3D seismic survey has been acquired in Blocks 3 and 4, and a second 3D survey of 1 800 square kilometers is nearing completion in Block 1. It is intended that a second drilling campaign will commence in late 2011.

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