Simba Energy Inc, one of the oil exploring firms in the country, recently announced the results of the high resolution Gravity Gradiometry(TM) by Bell Geospace on their oil Block 2A which they term as “very encouraging”.
“We’re pleased to report that these very encouraging FTG results have increased the level of interest in Block 2A considerably.” remarked Robert Dinning, President & CEO.
The results have identified five structural features with independent closures varying in size from 30kms to +100kms in both the Mandera and Anza basins that compare favourably to earlier discoveries in the region. As a result the Company is planning a more focused 2D seismic acquisition program to further delineate drilling locations.
It is noted that significant activity is underway directly surrounding Block 2A (Simba at 100% interest), with three wells scheduled to be drilled and completed this year: Sala-2 (Africa Oil, 50% interest), Badada-1 (Premier Oil, 55% interest), and Khorof-1 (Afren, 80% interest) which speaks highly to the area’s exploration potential.