Tullow Oil Discovers Oil at Erut-1 Well in Block 13 Trillion, Kenya
January 17 2017 - 2:02AM
Dow Jones News
LONDON--Tullow Oil PLC (TLW.LN) said Tuesday it has discovered
oil at the Erut-1 well in Block 13T, Northern Kenya.
Tullow said the Erut-1 well in Block 13T, has discovered a gross
oil interval of 55 meters with 25 meters of net oil pay at a depth
of 700 meters, adding that the overall oil column for the field is
considered to be 100 to 125 meters.
"This is an exciting discovery from a bold exploration well that
proves that oil has migrated to the northern limit of the South
Lokichar basin. This extends the known hydrocarbon limits of the
basin beyond the successful Etom discovery into the underexplored
northern part of the basin where we have several undrilled
prospects," Tullow's Exploration Director Angus McCoss said.
Following the scheduled appraisal wells at Amosing-6 and
Ngamia-10, further exploration drilling of this area is now being
planned, Mr. McCoss said.
Tullow operates Blocks 13T and 10BB with 50% equity and is
partnered by Africa Oil Corporation and Maersk Oil both with
25%.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
January 17, 2017 02:47 ET (07:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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