Noble rig drills two infill wells for Trident offshore Equatorial Guinea

**Restarting Operations in Equatorial Guinea: Trident Energy’s Noble Venturer Drilling Campaign**

In a significant milestone for Equatorial Guinea’s oil and gas sector, Trident Energy has successfully commenced a rigorous drilling campaign offshore. The campaign, led by the Noble Venturer drillship, aims to enhance production in the pivotal Block G and explore new opportunities in Block S.

#### Enhancing Production at Block G

Trident Energy, the operator of Block G, has begun by drilling two infill wells at the Ceiba Field and Okume Complex. This initiative is crucial for maximizing the value of mid-life assets in the region. The first well, C-45, has already achieved initial production rates in excess of 5,000 barrels per day (bopd) on a restricted choke, aligning with pre-drill expectations.

The C-45 well was drilled to a total depth of 3,148 meters using the Noble Venturer drillship in water depths of approximately 800 meters. The well encountered 142 meters of high-quality oil-saturated reservoir sands in an un-swept area of the Ceiba field, confirming the substantial potential of the region. This achievement is particularly notable given the technical expertise involved in optimizing production in established fields.

The second well, OF-19, located in the Okume Complex, has also been drilled to a depth of 2,195 meters and is expected to come online shortly. The successful production of these infill wells not only strengthens Equatorial Guinea’s oil and gas sector but also highlights the significant potential of mid-life assets throughout the continent.

#### Explorations in Block S

Following the completion of the infill wells in Block G, Noble Venturer will move to Block S to drill the Akeng Deep Infrastructure-Led Exploration (ILX) well, operated by Kosmos Energy. This well aims to test a play in the Albian formation, targeting an estimated gross mean resource of approximately 180 million barrels of oil in close proximity to existing infrastructure at Block G.

Panoro, which holds a 12% participating interest in Block S, is keen to capitalize on the prospect of this new play fairway. The successful execution of the Akeng Deep ILX well could have a positive read-through effect on adjacent Blocks, including those operated by Panoro.

#### Commitment to Safety and Efficiency

Trident Energy’s decision to cancel their previous contract with the Island Innovator semi-submersible rig due to safety concerns underscores the

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