Niger’s Savannah Petroleum hits oil at Bushiya-1

Niger’s Savannah Petroleum hits oil at Bushiya-1

Niger’a Savannah Petroleum Plc has announced oil discovery at Bushiya-1 oil field.

Bushiya-1 is located on the R3 portion of the R3/R4 PSC Area in the Agadem Rift Basin south-east Niger.

The company said in its latest update that Bushiya-1 is currently being suspended for future re-entry.

“Consistent with standard industry practice in the ARB a production test is expected to be performed on the well as part of a batch campaign using a dedicated workover/well testing rig once the results of the other two exploration wells in the current drilling campaign are available.”

The statement added that “Savannah does not expect to provide a discovered resource volume estimate for Bushiya until following the completion of the well testing program.”