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arnim-v-b

08/28/14 5:29 AM

#289932 RE: Southern Man #289931

nice...thanks
Arnim

arnim-v-b

08/28/14 7:10 AM

#289934 RE: Southern Man #289931

Tullow Positive After Latest Drilling On Kenya Onshore Blocks


LONDON (Alliance News) - Tullow Oil PLC Thursday said exploration and appraisal drilling on two blocks onshore in Kenya had extended the potential size of the areas and reinforced its belief that the basin in which the blocks sit holds "very considerable" potential.





The company said the Etom-1 exploration well it drilled in Block 13T was the most northerly drilled so far, and extended the proven oil basin significantly northwards after it hit about 10 metres of net oil pay.

"Based on this result the ongoing 550 square kilometre 3D seismic survey in the South Lokichar basin has been extended to cover a further 247 square kilometres in this northern area, including several similar prospects which are scheduled to be drilled in 2015," the company said.

Meanwhile, the Amosing-2 appraisal well in Block 10BB encountered up to 30 metres net oil pay, and was then sidetracked back to some 400 metres from the discovery well to provide additional insight into reservoir distribution in the area. The sidetrack encountered up to 90 metres net oil pay in several oil pools.

The Ngamia-3 appraisal well, also in Block 10BB, was successfully drilled 1.6 kilometres north of the Ngamia-1 discovery well and encountered 150 metres of net oil pay in both Auwerwer and Lokone reservoirs, Tullow said.

The Ewoi-1 flow test well demonstrated good permeability in the water-bearing Lokone reservoirs and a programme to target these updip is under consideration, Tullow added.

"Etom-1 has successfully extended the South Lokichar rift bounding fault play northwards and we look forward to testing the southern area of the basin with Ekosowan-1. Continued success in appraisal of the Ngamia and Amosing fields reinforces our belief that the South Lokichar basin holds very considerable potential which we hope to replicate in additional basins," Tullow Exploration Director Angus McCoss said in a statement.

"The next basin-opening test will be in the neighbouring Kerio Basin, with the Kodos-1 well expected to spud in early September," he added.


http://www.lse.co.uk/AllNews.asp?code=cvuwxbtj&headline=Tullow_Positive_After_Latest_Drilling_On_Kenya_Onshore_Blocks