Harvest Natural Resources Reports Oil Discovery Offshore Gabon

Harvest Natural Resources

today announced an update to its drilling operations in the Dussafu Tortue Marin-1 (DTM-1) well drilled in the Dussafu Marin PSC, offshore Gabon, West Africa.  Harvest operates the Dussafu PSC, holding a 66.667% interest. The DTM-1 well was initially drilled in 380 feet of water to a vertical depth of 11,260 feet.  On January 4, 2013, Harvest announced an oil discovery in the pre-salt Gamba and Dentale reservoirs with plans to drill a sidetrack to appraise the extent of the Dentale oil discovery. The Tortue oil discovery has been appraised by drilling a sidetrack (DTM-1ST1) to the southwest to test the lateral extent and structural elevation of both the Gamba and Dentale reservoirs.  The sidetrack was drilled to a Total Depth (TD) in the Dentale of 11,385 feet, 10,790 feet True Vertical Depth Subsea (TVDSS), approximately 1,800 feet from the original wellbore and found 65 feet of oil pay in the primary Dentale reservoir with better reservoir character and an apparent similar fluid level to that encountered in the vertical well, DTM-1.  In addition, several other stacked sands with oil shows were encountered; however, due to a stuck downhole tool,