Kosmos Energy's play extending gas discovery well Marsouin-1 continues the 100% success rate seen offshore Mauritania and Senegal in the last year. Kosmos' success follows on from its Tortue gas discovery earlier this year, while Cairn Energy had back to back oil discoveries to the south in Senegal towards the end of 2014. Now both companies are undertaking full appraisal and exploration programmes that will see activity continuing in the region into 2017.Together these two programmes offer the potential of up to twelve exploration and appraisal catalysts over the next eighteen months, a rare occurrence in the current low oil price environment.
Marsouin -1 and Tortue-1 locations and Petroleum System map |
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