Cygam Energy Inc. Commences Drilling of the TT4 Well at Sud Remada

CYGAM Energy Inc. (TSXV:CYG) drills of the TT4 appraisal well at Sud Remada commenced on January 21, 2011, ahead of schedule.

The press release is quoted as saying:

The TT4 well is located approximately 6 km south-east of the TT2 discovery well and approximately 7.6 km south-east of the recently cased TT3 well. The new appraisal location will be drilled to a total vertical depth of approximately 1,900 meters to evaluate an additional deeper prospective horizon which was not reached by the TT2 or the TT3 wells. The main target is Bir Ben Tartar Ordovician reservoir which has already produced in excess 100,000 barrels of sweet 44°API crude at TT2 on natural flow, without artificial stimulation, and has been assessed as a potential producing horizon from log evaluation at the TT3 location. Additional targets to be evaluated in the new well include the Triassic Tagi, the Silurian Acacus and Tannezuft formations, the Ordovician Jaffara and a new deeper target in the Cambrian.

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