Tullow Oil reports fifth discovery in northern Kenya

22nd Nov 2013 07:02

Tullow Oil has announced a fifth oil discovery onshore northern Kenya. The Agete-1 exploration well, in which Tullow has a 50 per cent interest, has an estimated 100 metres of net oil pay in good quality sandstone reservoirs. The Agete-1 wildcat well is part of a major exploration campaign and is part of a chain of multiple rift basins across Tullow's acreage in the region. This discovery de-risks several follow-on prospects located to the north and is on trend with the Twiga South, Ekales, and Ngamia oil discoveries and adds to the significant resource base already discovered, the group said. Tullow also reported that elsewhere in Kenya, exploration and appraisal activities continued to accelerate with the Amosing-1 well expected to commence drilling before the end of November. The Etuko-1 well test in Block 10BB is also scheduled to commence this month, while the Ekales-1 well test is scheduled to begin in early December.Angus McCoss, Exploration Director of Tullow Oil said: "A fifth consecutive oil discovery onshore northern Kenya highlights the emerging world class exploration and production potential within our rift basin acreage. "An intensive campaign for 2014 includes appraisal and exploration within this first basin and pioneering wells targeting the prospectivity throughout the entire chain of similar rift basins."NR