M07-A FieldIn early 2011, Oranje-Nassau took over operatorship of M07-A following the acquisition of Cirrus. The M07-A field was discovered in 1996 by the M07-5ST well, which found gas in over pressured, high quality Triassic-aged sandstone reservoirs at true vertical depths around 2800m and was tested at a maximum rate of 133 boe/d of dry gas from a 22m gross interval. Oranje-Nassau's interest in M07 is 42.75%. The M07 partnership comprises EBN, TAQA and Energy-06. The interest in M07 was acquired by Cirrus from Wintershall and NAM in 2007-2008. The M07-A Field has been developed using a custom built monotower with the capacity to accommodate up to three wells. The monotower is tied back via a 13 km 6" pipeline to third party gas processing platform and export infrastructure in block L09. Development well, M07-A01X, was completed on September 3, 2009 and during clean-up flowed at a maximum rate of 200 boe/d at a FWHP of 256 bar. A further well, M07-07, was drilled from the M07-A platform in mid-2010 with the aim to appraise the Jurassic downflank of M07-A01X and M07-05ST. Although the Jurassic sands were found gasbearing and tested at max 52 boe/d, the well could not be completed due to a downhole technical failure. Currently, Oranje-Nassau are re-processing the seismic to better image the top reservoir and its quality at the steeper flanks of the M07-A Jurassic field. Based on the M07-07 welltest. |

