Iris Marin
Working Interest
16.67%
Production Start-up
Production Peak 
Operator Addax Petroleum
Work Programme Exploration

Operations update
The Iris CM-1x well was spudded on 5 July 2008 using the jack-up drilling rig Hercules-156, with Addax acting as drilling operator.  The well encountered the targeted Gamba reservoir but it was found to be water-bearing.  The well was therefore plugged and abandoned and the rig released on 30 July 2008.

A number of additional leads / prospects have been identified, which are currently being evaluated.

Fast Facts

  • Low cost exploration