Chariot Oil and Gas, an Africa-focused exploration company, has reported that initial logging results at the Kabeljou exploration well in the Orange basin offshore Namibia indicate that no commercial hydrocarbons were found, meaning the well will be plugged and abandoned.
The well intersected the Nimrod delta as planned, although the reservoir was less developed than anticipated at this location, the firm said. It conducted a comprehensive evaluation programme to improve its understanding of the area and is now planning to carry out detailed analysis on the data collected. A resource update of the remaining prospectivity in the block will be provided once this evaluation has been completed.
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