The Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 m with 25 m of net oil pay at 700 m depth. The overall oil column for the field is 100-125 m. The partners believe potential exists for additional pay. The well tested a structural trap at the northern limit of the South Lokichar basin and now shows that oil has migrated there. This has de-risked multiple prospects in this area which will now be considered as part of the future exploration and appraisal drill ....
18 Jan 2017
Important oil discovery on Erut prospect further de-risks Kenya
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Important oil discovery on Erut prospect further de-risks Kenya
Africa Oil Corp. (AOI:TSE) | 0 0 0.7% | Mkt Cap: 634.0m
- Published:
18 Jan 2017 -
Author:
Stephane Foucaud -
Pages:
5
The Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 m with 25 m of net oil pay at 700 m depth. The overall oil column for the field is 100-125 m. The partners believe potential exists for additional pay. The well tested a structural trap at the northern limit of the South Lokichar basin and now shows that oil has migrated there. This has de-risked multiple prospects in this area which will now be considered as part of the future exploration and appraisal drill ....