The well, which is an appraisal well of the Pipeline accumulation, is located in the BM-C-41 block at a water depth of approximately 128 meters.

As anticipated, the oil column is of approximately 135 meters with a net pay of about 60 meters, the company said.

This directional well, drilled to a depth of 3,612 meters, is serving as a pilot well for a horizontal well that will be drilled next.

A drill-stem test will be performed to verify the productivity of this area, as was done recently for the Waimea accumulation.

OGX holds a 100% working interest in the BM-C-41 block.