Ekales-1 Oil Discovery in Kenya
Tullow Oil plc (“Tullow”) is pleased to announce that the Ekales-1 wildcat, located in Block 13T in Northern Kenya, has made a new oil discovery. Results of drilling, wireline logs and samples of reservoir fluid indicate a potential net oil pay in the Auwerwer and Upper Lokone sandstone reservoirs of between 60 and 100 metres. Future flow testing aims to confirm productivity from these zones.
This is the fourth consecutive wildcat discovery, in the first oil basin opened in Northern Kenya, since our drilling commenced in 2012. The Ekales-1 well is located between the Ngamia-1 and Twiga South-1 oil discoveries and the reservoir properties at this location appear similar to those previously encountered. Once operations have completed the rig will move to drill the exploration prospect Amosing-1 south of Ngamia-1.
Tullow operates the Ekales-1 well and Africa Oil (50%) has a non-operated interest.
Elsewhere in Kenya, the Agete-1 well, also in block 13T, commenced drilling in mid-September and we expect a third rig to be operational in Q4 2013.
Angus McCoss, Exploration Director, Tullow Oil plc commented today, “This success at the Ekales-1 wildcat is further evidence of the exceptional oil potential of our East African Rift Basin acreage. Having opened the first basin with the Ngamia-1 well last year, we are now increasing the pace of exploration in Kenya aiming for 12 wells over the next 12 months.”
Tullow Oil plc
ISSUERS OF NEWS RELEASES AND NOT OILANDGASPRESS.COM ARE SOLELY RESPONSIBLE FOR THE ACCURACY OF THE CONTENT.
Public relations, press release distribution service, investor relations, SEC filing, regulatory news,upstream, downstream,corporate announcements,technology developments and political news
www.oilandgaspress.com – The ‘one stop shop’ for global Oil and gas press releases!!!
Email: firstname.lastname@example.org to let us know about your events and we’ll list them free of charge
Email: email@example.com to Advertise your company’s services and reach thousands of oil and gas industry executives and professionals