Africa Oil finds additional oil in Kenya

The Ngamia drill site. (Image source: Africa Oil)The Ngamia drill site. (Image source: Africa Oil)Canadian oil and gas company, Africa Oil, has announced its discovery of further oil in Kenya, the company’s third such discovery

The Ngamia-1 wildcat well in Kenya Block 10BB, which is operated by Africa Oil's partner British exploration firm Tullow Oil, has now been drilled to a total depth of 2,340 metres and has now discovered an additional 43 metres of light oil.

The announcement by Africa Oil follows Tullow’s recent update on Ngamia-1 that revealed drilling had been suspended due to hitting a geological formation.

Africa Oil said that it expected to encounter the complete reservoir section and improved reservoir thickness and quality further away from the basin bounding fault.

A proposal to acquire 3D seismic over the Ngamia discovery is under consideration.

Africa Oil also said that it is sourcing two additional rigs, one for the Pai Pai prospect in Kenya Block 10A and one for the Sabisa prospect in the South Omo block in Ethiopia.

These wells are expected to spud late in the third and the fourth quarters of 2012 respectively.

READ MORE...

Tullow plans second Kenya well after first hits rock

Tullow strikes oil in Kenya

Kenya’s Ngamia-1 well reveals deeper finds

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?