In December, Tullow announced the successful Etom-2 well result, discovering 102 metres of net oil pay in high quality reservoir sands in an untested fault block identified on recent 3D seismic. The successful Etom-2 result and additional prospectivity indicated on the new 3D seismic data around the greater Etom area and northern part of the South Lokichar Basin, highlights there is significant remaining exploration potential. Plans for further exploration drilling will be evaluated during the first half of 2016.

 

In December, Tullow announced the successful Etom-2 well result, discovering 102 metres of net oil pay in high quality reservoir sands in an untested fault block identified on recent 3D seismic. The successful Etom-2 result and additional prospectivity indicated on the new 3D seismic data around the greater Etom area and northern part of the South Lokichar Basin, highlights there is significant remaining exploration potential. Plans for further exploration drilling will be evaluated during the first half of 2016.

The Cheptuket-1 exploration well in Block 12A spudded on 28 December. The well will test a basin bounding structural closure in the undrilled Kerio Valley Basin, in a similar structural setting to the successful Ngamia and Amosing discoveries in the South Lokichar Basin. Cheptuket-1 will likely complete drilling in February after which the PR Marriott Rig-46 will demobilise, marking the end of the current drilling campaign.

East Africa development

Good progress continues to be made on the development planning in Kenya. Completion of the appraisal drilling campaign in 2015, including the successful Amosing and Ngamia Extended Well Tests, underpins a 2C resource base of 600 mmbo. The Etom-2 result and surrounding prospectivity support an upside potential of 1 billion barrels of oil in the South Lokichar Basin. The draft Field Development Plan was submitted to the Government of Kenya in December and will inform discussions as we progress towards potential FID of both the Kenya and Uganda upstream development projects in 2017.

In August 2015, a bilateral agreement was reached between the Presidents of Uganda and Kenya adopting the Northern Kenya route for the regional crude oil pipeline, subject to certain conditions. These conditions, which include ensuring that this is the lowest cost route, are being worked on by both Governments in conjunction with the Kenyan and Uganda upstream parties.

 

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