Drilling Report

Total Fina Elf. 10 October 2002 Caspian Sea Hydrocarbon discovery in the Kalamkas structure in Kazakhstan Paris, October 10,2002 - TotalFinaElf announces that the Kalamkas-1 well, the first to be drilled in the Kalamkas structure, has been successfully tested. The well is situated 80 Kilometres southwest of the Kashagan field in the Kazakh sector of the Caspian Sea. Kalamkas-1 was drilled to a total depth of 2,360 metres and encountered several hydrocarbon reservoirs in the Jurassic section downward from 1,617 metres. Testing indicated an initial oil flow rate of 2,300 barrels per day on a 32/64 inch choke. The Kalamkas structure is part of a group of blocks attributed to the consortium (TotalFinaElf 16,67%) holding a production sharing contract in the northern area of the Caspian Sea, where the sizable Kashagan field has been discovered. This information is provided by RNS The company news service from the London Stock Exchange
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