UGO OKAFOR, CEO OF SUNTRUST ATLANTIC ANNOUNCES COMPLETION OF THE UMU-22 DRILLING PROJECT

SunTrust Atlantic Energies Limited with its JV Partner, (“SunTrust Atlantic”), is happy to announce the successful completion of the Umu-22 drilling project.

Ugo Okafor, disclosed that Umu-22 was spudded on July 31st 2024 and successfully drilled and completed as a slightly deviated well in the West-West accumulation of the Umusadege field. The well was completed as a dual string multi-zone producer and handed over to Production on September, 30th, 2024.

Umu-22 is the fourth well in the planned 5-wells drilling campaign of the Umusadege field Joint Venture. The rig is currently being moved to the Umu central location for the fifth well in the planned 5-wells drilling campaign.