According to operator Cobalt International, results were in line with pre-drill expectations. Cameia #4 well will be retained as a producer for the field development.
Recently drilling started on the Cameia #5 well, and drilling is expected to continue on the field through the rest of this year.
Cobalt is aiming for formal sanction of the project by year-end, followed by first production in 2018.
However, both eventualities remain subject to obtaining financing, and also approval for a revised development plan from partner Sonangol and the Angola Ministry of Petroleum.