PARIS, November 15, 2010 /PRNewswire/ -- Gabon

AEE ONAL (operator, 85%)

Maurel & Prom is able to confirm the success of the OMOC-N-302 delineation well in the Onal AEE. This well, with a total depth of 1,060 m, has encountered saturated hydrocarbon reserves in the Gres de base formation, with 39 m perforated.

During testing on a 32/64'' choke, an eruptive flow rate of 1,600 boepd of oil was recorded.

This is the second well drilled from this platform. The first well OMOC-N-301 (1,600 boepd during testing) had demonstrated the presence of a new compartment in the Gres de base, proving a Southeast extension of the Onal field.

The OMOC-N-302 well is the fourth appraisal well on the OMOC-North field. The predominantly Gres de base wells (OMOC-N-301 and OMOC-N-302) could be linked up to the Onal evacuation facilities in December 2010 and connected to the production centre by the end of the year, adding around 2,500 boepd to current production levels. By itself, this well will not have any consequences concerning the level of reserves forecast for the end of the year.

The predominantly Kissenda wells, with OMOC-N-101 and OMOC-N-201 already drilled, as well as the OMOC-N-103 well, with drilling underway, and the OMOC-N-501 and OMOC-N-401 wells, to be drilled by the end of February 2011, will be connected up directly to the production centre using an independent pipeline.

An exploration well (OMOC-N-601) will be drilled in early 2011 on the OMOC-N field outside of the Onal AEE. It is targeting the Gres du Kissenda.

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CONTACT: Contact: INFLUENCES, +33-1-42-72-46-76,