b'Sloanea-1 (Block 52)production phases. The appraisal programs will In December 2020, Petronas and ExxonMobilidentify the potential risks and reduce current announcedtheirfirstdiscovery.Thewellwas uncertainties of the current discoveries. successfullydrilledtoatotaldepthof4,780 Meanwhile, additional exploration will continue meters and encountered several hydrocarbon- inBlock58,comprisedof1.4millionacres.Thisbearing sandstone packages with goodblockofferssignificantpotentialbeyondthereservoir qualities in the Campanian section. initial discoveries. Keskesi East-1 (Block 58) In January 2021, Apache and Total announced their fourth discovery in Block 58 Keskesi East- ASIDE FROM BLOCK 58, 1. The well encountered a total of 63 meters netTHE FOLLOWING ACTIVITIES ARE PLANNED:pay of hydrocarbons.Tullow Oil is set to drill anWhats next? exploration well Staatsolie and its partners in Block 58 startedin Block 47 in 2021.with the appraisal phase to determine reservoirPetronas will continue the structure, connectivity, producibility and total3D seismic survey volume of the hydrocarbon resources in place,in Block 52.and to create a plan for the development and2020 KEY FOCUS: 2021 KEY FOCUS:Formalizing the ringfenced organization throughFurther development of standards, processes and memorandum and mandate; initiating and managingcapabilities, with focus on cost recovery, local the appraisal evaluation process to assess thecontent and social responsibility monitoring; initiate hydrocarbon resource potential of the Block 58and mange Field Development processes; research discoveries; developing standards, processes impact of gas resources on current PSCs.and capabilities.35'