Ophir Energy failed to find any significant oil at its Okala-1 well in the Mbeli Block offshore Gabon, the company said on Thursday.
Ophir CEO Nick Copper said, “Okala marks the end of Ophir’s 2014 exploration campaign in Gabon.”
Ophir holds a 50 percent operating interest in the well.
The rig used in Gabon will be move to Equitorial Guinea to drill three wells in the Block R area, Ophir said.