Tullow strikes again in Uganda

16th Jun 2009 07:03

Tullow Oil's Kigogole-3 exploration well in the Butiaba region of Uganda Block 2 has found oil.The well encountered over 20 metres of net oil pay in two separate zones, with a 5 metre total net reservoir section above the 15 metre main reservoir interval.Kigogole-3 is the eighth successful test of the Victoria Nile Delta play fairway within the Lake Albert Rift Basin and is southwest of the Kigogole-1 oil discovery made in 2008."This latest result further extends the play and de-risks several adjacent prospects located in Blocks 1 and 2, which are scheduled for drilling later in the year," Tullow said.The well is now being suspended as a future oil producer and the rig will move to the Wahrindi prospect, 13 kilometres to the southwest, close to the shore of Lake Albert. Drilling there is expected to start later this month.