Videocon Industries informing that Anadarko Petroleum Corporation today announced the Atum exploration well discovered another significant natural gas accumulation within the offshore area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 meters) of natural gas pay in two high-quality Oligocene fan systems. Preliminary data indicates this latest discovery is connected to the partnership's recent Golfinho discovery located approximately 10 miles (16.5 kilometers) to the northwest in the offshore area 1.
Anadarko is the operator in the offshore area 1 with a 36.50 percent working interest. Other co-owners include Mitsui E&P Mozambique Area 1, (20 percent), BPRL Ventures Mozambique B V (10 percent) and Cove Energy Mozambique Rovuma Offshore (8.5 percent). Empresa Nacional de Hidrocarbonetos, ep's 15 percent interest is carried through the exploration phase.
The company made this announcement on 11 June 2012.