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Re: bmu post# 316352

Wednesday, 06/08/2016 10:01:56 AM

Wednesday, June 08, 2016 10:01:56 AM

Post# of 360801
bmu....2nd quarter 2017 is planned for drilling
Forward Plans
The shallow basalts in the basin however have made the processing of the seismic extremely difficult and made identification of the basement and internal geometries of the sediment infill almost impossible to map.

As such the Joint Venture successfully negotiated an extension to the First Additional Exploration Period with the Government of Kenya which allows a comprehensive reprocessing sequence of the seismic data to be accompanied by a Full Tensor Gravity Survey (FTG) over the basin (see below). The latter will help firm up structural leads mapped from the reprocessed data such that viable drilling targets can be identified. The early reprocessing (as indicated on line 109 below) suggests that there is a Neogene basin at least 4,000m deep and of the same age as the prolific Lokichar basin (Early to Mid-Miocene). The commitment well is expected to be drilled in 2nd Quarter 2017.


http://www.swala-energy.com/assets-kenya-block12b.php