The company operates the Dussafu PSC holding a 66.667% interest.

DRM-1 well was spudded on 28 April and is being drilled to test the potential of the pre-salt mineral resources, the Gamba and Dentale formations.

The well encountered a gross oil column of 90 foot within the Gamba formation.

The drilling of the DRM-1 well with the Transocean Sedneth 701 semi-submersible drilling unit was concluded at a final depth of 9953ft within the Upper Dentale Formation.

Harvest plans to deepen the well to test Middle and Lower Dentale exploration potential of the Gamba oil discovery and will provide an update on the drilling operations in due course.

Harvest Natural Resources is an independent energy company with principal operations in Venezuela, exploration assets in the US, Indonesia, West Africa, China and Oman.