Pura Vida Energy announces 20 mmbo contingent resource at Loba M 1 discovery, offshore Gabon

March 2013
African Business News;3/ 7/2013, p16
The article reports on the announcement of Pura Vida Energy regarding the 20 million barrels of oil (mmbo) contingent resource at Loba M 1 discovery, offshore Gabon. The company's petrophysical analysis highlights 46 metres of interpreted oil pay in the existing discovery made by the Loba M 1 well in 1976 on Pura Vida's 80% owned Nkembe block. A potential appraisal target for early drilling has been offered by the Loba M 1 discovery.


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