Anglo African Oil & Gas plc provided an operational update on well TLP-103C currently being drilled on the Tilapia field in the Republic of the Congo. As previously reported, well TLP-103C spudded on October 8, 2018 at a newly constructed pad approximately 95 metres north-west of TLP-103. The first section of TLP-103C has been drilled successfully and the casing set and cemented. Drilling of the second section of TLP-103C has commenced. This well did not encounter any of the shallow unconsolidated formations intersected in the TLP-103 well. Nevertheless, the additional mitigation procedures and measures put in by the Company remain in place. Drilling of TLP-103C is currently performing in line with the schedule previously announced, with the Company expecting to have reached all three principal target horizons (R1/R2, Mengo and Djeno) before the end of November, and, at this stage, the formations encountered are consistent with the Company's geological model. The Company has also completed an assessment of the current rig market and, as a result, has had discussions with the current drilling contractor, Société de Maintenance Pétrolière (SMP), in order to secure an option to keep the current rig, SMP-102, on site at Tilapia in order to drill a potential further well, TLP-104, which would be the second well in the anticipated six-well development plan. This plan will be reviewed following the completion of TLP-103C and informed by the results of that well. SMP has agreed in principle for SMP-102 to remain on site, which would result in significant mobilisation/demobilisation cost savings for the Company.