Niger: TVI Pacific withdraws from Tenere block

By OGJ editors

TVI Pacific Inc., Calgary, has withdrawn from the Tenere block in Niger in which it had participated in exploratory drilling with China National Petroleum Corp. Tenere.

TVI Pacific, which had a 20% carried interest in the first phase, chose not to participate in the second exploration phase of the block after analyzing final well data and reports from the Facai-1 exploratory well drilled in August 2011 in the Termit rift basin (OGJ Online, June 13, 2011).

On Aug. 30, 2011, TVI announced that it had plugged and abandoned the third and last exploratory well of a three-well carried program in the block. Facai-1, drilled by operator CNPCIT, encountered two small gas shows during drilling, but wireline logs indicated there were no zones worth testing.

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