(BFW) Statoil Says Zafarani Reservoir in Tanzania Successfully Tested

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BN 03/03 07:52 *STATOIL COMMENTS ON ZAFARANI RESERVOIR IN E-MAILED STATEMENT BN 03/03 07:51 *STATOIL SAYS ZAFARANI-2 OPS FLOW CONSTRAINED BY EQUIPMENT BN 03/03 07:51 *STATOIL SAYS ZAFARANI-2 OPS FLOWED AT MAX. 66M SCF GAS/DAY BN 03/03 07:50 *STATOIL SAYS ZAFARANI-2 OPS TESTED 2 SEPARATE INTERVALS FLOWED BN 03/03 07:49 *STATOIL SAYS ZAFARANI RESERVOIR IN TANZANIA SUCCESSFULLY TESTED

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Statoil Says Zafarani Reservoir in Tanzania Successfully Tested 2014-03-03 08:00:08.552 GMT

By Mikael Holter March 3 (Bloomberg) -- Says Zafarani-2 operation tested 2 separate intervals, flowed at maximum of 66mln scf gas/day. * Says production-well rate potentials estimated to be higher than equipment-constrained rates obtained during test * Says test confirmed good reservoir quality, connectivity * See statement {NSN N1UOU16KLVRI <GO>}

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To contact the reporter on this story: Mikael Holter in Oslo at +47-22-00-8209 or mholter2@bloomberg.net

To contact the editor responsible for this story: Stephen Treloar at +47-22-00-8211 or streloar1@bloomberg.net