Jacka Resources Limited announced that PR Oil & Gas Nigeria Limited together with its Joint Venture partners, have taken a final investment decision (FID) to develop the Aje Cenomanian oil reservoir in the OML 113 licence (Jacka 5.0006% revenue interest), offshore Nigeria. The Aje Field Development Plan (FDP) was submitted to the Nigerian Department of Petroleum Resources (DPR) earlier this year and approval to develop Aje, as proposed in the FDP, was granted in March 2014. Jacka anticipates achieving first commercial oil production at the end of 2015, which will be a tremendous result for the company shareholders and for the company. The FDP is primarily focused on the development of the Cenomanian Oil reservoir, and the first phase of this development includes two subsea production wells tied back to a leased FPSO (Floating Production Storage and Offloading vessel): A contract for the charter of Rubicon's Front Puffin FPSO vessel has been signed, and modifications to bring the FPSO vessel into specification for production on the Aje field will commence. Procurement of subsea equipment and the contracting of a drilling rig for Phase I development are also ongoing. The development will consist of the re-entering and completion of the existing Aje-4 well and the drilling of a new well, Aje-5. The Aje-5 well will be drilled from a seabed location adjacent to Aje-4 and both wells will be connected via a subsea manifold and production flow lines to the FPSO vessel. The Aje-5 well trajectory is designed to intersect the Cenomanian reservoir close to where the Aje-2 well intersected the Cenomanian reservoir.