Central Graben
27 October 2016

Exploration well on the Esperanza prospect, a NW-SE trending Forties channel with minor mounding/compactional dip-closure and stratigraphic upside defined by patchy amplitudes and AVO. Anticipated gas/condensate with column prognosed from 8,580–8,876 ft TVDSS. Well encountered 74 ft oil column of 37.8° API oil in the Forties from 8,601 ft to an oil-water contact at 8,675 ft TVDSS (201 ft high to prognosis) with 48 ft net pay. Porosity 20.8%, Sw 52.1%. Forties was cored and tested at 1,798 bopd (36/64" choke).