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Anglo African Oil & Gas confirms multiple discoveries in TLP-103 well

Anglo African Oil & Gas PLC (LON:AAOG) gives investors more detail on the Schlumberger wireline logging of the recently drilled TLP-103C well in the Republic of Congo. Executive Chairman David Sefton could barely disguise his excitement as he hot-footed it to the Proactive Investors London studio to give more details on the recent RNS. News here too updating investors on oil flow rates and what to expect in 2019. Logging has measured a total of 44 metres of oil column – with 26 metres in the Mengo reservoir (primary target), 13 metres in newly found horizons between the R3 and the Mengo, and, 5 metres in the R2 reservoir. Djeno drilling is already underway and will become the primary focus leaving Mengo far behind as, according to Sefton, "There's only so much oil we can handle!".

 

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